Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Truck Series (TRUCK)
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessNuvei to Go Private in a $6.3 Billion Deal

Nuvei to Go Private in a $6.3 Billion Deal

Add to Favorite
Added to Favorite


Nuvei (NASDAQ:NVEI) announced its agreement to go private through a buyout by Advent International, valued at about $6.3 billion.
Under the terms of this all-cash deal, Nuvei shareholders are set to receive $34 for each share they hold.
Advent International will acquire Nuvei with backing from significant voting shareholders, including Philip Fayer, certain funds managed by Novacap Management, and CDPQ.
Post-deal, Philip Fayer, along with Novacap and CDPQ, will hold indirect stakes of about 24%, 18%, and 12%, respectively, in the privatized entity. Fayer will remain at the helm as Chair and CEO, supported by the existing leadership, with Montreal staying as Nuvei’s global headquarters.

Subscribe to get Latest News Updates

Latest News

You may like more
more

Lennar Corporation’s Earnings Exceed Expectations

Lennar Corporation reported earnings and revenue that exceeded analysts'...

La-Z-Boy Incorporated Surpasses Earnings and Revenue Estimates in Q4 Fiscal Year 2024

La-Z-Boy's EPS of $0.915 exceeded estimates, showcasing strong financial...

UBS Upgrades Teradyne to Buy, Signaling Strong Confidence

UBS upgraded Teradyne to a Buy rating from a previous...

Accenture Quarterly Earnings Preview

Wall Street anticipates an EPS of 3.14 and revenue...