Nuvei Goes Private in $6.3 Billion Deal with Advent International

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 more than 680 payment methods.

Philip Fayer, Nuvei’s Chair and Chief Executive
Officer, will continue to lead the company, ensuring
continuity in its strategic direction and operations. According to the press
release, Advent aims to support Nuvei’s growth trajectory and capitalize on
emerging opportunities in the payments
Payments

One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl

One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl
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