Tuesday, October 1, 2024

Fintech Nexus Publication (April 2, 2024): Non-public fairness agency to amass Canada’s Nuvei for $6.3 billion

This deal was first rumored to be occurring in mid-March. 

Yesterday, it grew to become official. Non-public fairness agency Introduction Worldwide has agreed to purchase Nuvei in an all-cash deal valued at $6.3 billion.

The funds expertise big has been a public firm since itemizing on the Toronto Inventory Alternate in 2020 (it is usually listed on Nasdaq).

Nuvei made headlines final yr when movie star entrepreneur Ryan Reynolds invested within the firm and have become the frontman in a sequence of witty TV adverts.

With the Capital One-Uncover deal that made enormous headlines a month in the past, might we be beginning to see some critical M&A exercise? 

Watch this house.


> Nuvei Goes Non-public in $6.3 Billion Sale to Introduction Worldwide

www.pymnts.com 

Canadian funds FinTech Nuvei is ready to turn into a personal firm. Nuvei introduced the $6.3 billion take care of personal fairness agency Introduction Worldwide on Monday, three weeks after experiences of a attainable acquisition emerged.


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  • Peter RentonPeter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media firm targeted on fintech. Peter has been writing about fintech since 2010 and he’s the creator and creator of the Fintech One-on-One Podcast, the primary and longest-running fintech interview sequence.


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