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Payment technology company Nuvei Corp. signs deal to be taken private

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Less than four years after it went public in what was the Toronto Stock Exchange's largest tech IPO ever, Nuvei Corp. is going private in a deal that values the company at US$6.3 billion.

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Payment technology company Nuvei Corp. signs deal to be taken privateMONTREAL — Payment technology firm Nuvei Corp. has signed a deal to be taken private by Advent International, alongside existing Canadian shareholders Philip Fayer, Novacap and CDPQ.
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Payment technology company Nuvei Corp. signs deal to be taken privateCanadian shareholder Philip Fayer will indirectly own or control about 24% of the resulting private company, while Novacap will hold 18% and CDPQ will own 12%.
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Payment tech company Nuvei forms special committee to evaluate proposalsMONTREAL — Nuvei Corp. says it has formed a special committee to evaluate expressions of interest for the payment technology firm including a potential going-private transaction as well as any other strategic alternatives.
Källa: SooToday - 🏆 8. / 85 Läs mer »