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InsideArbitrage Potential Deal Alert: Canadian Payments Processor Nuvei (NVEI) Nears Buyout Deal

  • March 17, 2024


StockNuvei CorporationSymbolNVEI
Date Announced03/16/2024Source Wall Street Journal
TypeNews Report
Date of Confirmation: 04/01/2024Price at Confirmation: $32.35
Potential Profit: 12.80%Annualized Profit: 291.92%

According to WSJ, Nuvei (NVEI) the Canadian payments processor backed by actor Ryan Reynolds, is in advanced talks with private equity firm Advent International for a buyout.

Nuvei Investor Relations


April 1, 2024: According to Bloomberg, Advent International is in advanced talks to buy Canadian payments processor Nuvei Corp. (NVEI). The buyout firm is putting the finishing touches on its offer for Nuvei and an agreement could be announced as soon as Monday.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.