Payments tech firm Nuvei to buy Britain’s SafeCharge for $889 million

(Reuters) – U.S. payments technology firm Nuvei Corp said it would buy SafeCharge International Group Ltd in an all-cash deal valued at $889 million to expand in the fast-growing electronic.

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Reading Time: 2 minutes Payments technology firm Nuvei Corp is going to buy SafeCharge International Group through an all-cash deal valued at $889 million. As per the agreement, SafeCharge shareholders would receive $5.55 in cash for each share held. “The board is unanimously recommending this all-cash offer by Nuvei to buy SafeCharge at an [.]

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Nuvei has agreed to purchase Teddy Sagi-owned SafeCharge in the latest major deal in payment solutions sector. US payments technology firm Nuvei Corp. has made an all-cash offer to buy British online payment processing company SafeCharge International Group Ltd. amid a massive wave of consolidation in the sector.

Payments tech firm Nuvei to buy Britain’s SafeCharge for $889 million. The companies said SafeCharge shareholders would receive $5.55 in cash for each share held, representing a.

Nuvei has agreed to purchase Teddy Sagi-owned SafeCharge in the latest major deal in payment solutions sector. US payments technology firm Nuvei Corp. has made an all-cash offer to buy British online payment processing company SafeCharge International Group Ltd. amid a massive wave of consolidation in the sector.

Shares in Marks and Spencer fell to the bottom of the index, down 6.5% at 253.5p after reporting a 9.9% fall in profits to £523.2 million for the 12 months to the end of March. Chief executive Steve.

In an all-cash deal valued at $889 million, Nuvei Corp plans to purchase SafeCharge International Group Ltd. The firms noted that shareholders of SafeCharge would receive $5.55 of cash for every.

Nuvei Corp. has agreed to buy U.K.-based payments firm safecharge international group Ltd. in a cash deal valued at $889 million (669 million pounds), according to a regulatory filing. The purchase price represents a 25% premium based on the SafeCharge purchase price at the end of business yesterday.

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 · Nuvei is a leading North American provider of technology-driven payment processing solutions for enterprises in the point-of-sale, B2B, and e-commerce industries. The company previously operated as Pivotal Payments but rebranded as Nuvei late last year. Under the terms of Nuvei’s offer, the firm will pay $889 million in cash for SafeCharge.

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