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Nuvei Goes Private in $6.3B Acquisition Deal

Nuvei Corp. (TSE:NVEI) has released an update.

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Nuvei Corporation has announced a definitive agreement to go private through an all-cash transaction led by Advent International, valuing the global payments technology provider at approximately US$6.3 billion. Shareholders will receive US$34.00 per share, a significant premium over recent trading prices. The deal has the backing of key shareholders and the continued leadership of CEO Philip Fayer, with Montreal remaining as the company’s headquarters.

For further insights into TSE:NVEI stock, check out TipRanks’ Stock Analysis page.

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