Scotiabank analyst Kevin Krishnaratne downgraded Nuvei to Sector Perform from Outperform after the company agreed to be taken private by Advent for $34 per share.
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- Nuvei Goes Private in $6.3B Acquisition Deal
- 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
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