William Blair Downgrades Nuvei Corp. (NVEI) to Market Perform, 'Consolidation Continues'
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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
April 1, 2024 12:30 PM EDTExisting shareholder Philip Fayer is rolling over substantially all of his existing equity and existing shareholders Novacap and CDPQ are rolling over a majority of their existing equity
Key highlights:
Nuvei, a global leader in payments, and Advent, a significant player in fintech private equity investing, join forces via all-cash transactionShareholders will receive US$34.00 per share in cash, which represents a premium of... More