Access here alternative investment news about Nuvei Goes Private In $6.3B Deal With Advent International

Nuvei Goes Private In $6.3B Deal With Advent International

by financemagnates.com posted 1month ago 61 views
Private Equity
Nuvei Corporation, a global payment firm, plans to privatize its operations in a deal led by the private equity investment company Advent International. This all-cash transaction is valued at approximately US$6.3 billion.Under the terms of this agreement, Nuvei's shareholders will receive US$34 per share in cash. With a focus on providing flexible and scalable solutions, Nuvei has a presence in more than 200 markets globally. The company offers over 680 payment methods.Fayer Remains CEOPhilip Fayer, Nuvei's Chair and Chief Executive Officer, will continue to lead the company, ensuring continuity in its strategic direction and operations.

In this article