Seaport Research downgraded Nuvei to Neutral from Buy without a price target after the company entered into an agreement to be acquired by Advent International for $34 per share.
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Read More on NVEI:
- Nuvei Corp. Goes Private in $6.3 Billion Buyout
- Nuvei enters into agreement to be taken private by Advent International, alongside existing Canadian shareholders Philip Fayer, Novacap and CDPQ at a price of US$34.00 per share
- Lightspeed (TSE:LSPD) Shares Snap Up as It Considers Going Private
- Nuvei selected by Charles & Keith for eCommerce payments solution
- Nuvei Corp Reviews Potential Privatization Options
