Payments tech firm Nuvei to buy Israeli-owned SafeCharge for $889 million With the all-cash deal valued at $889 million, Nuvei looks to expand in the fast-growing electronic payments industry. Israeli businessman Teddy Sagi will receive $570 million for his stake in the company, whose research and development and technical support teams are.
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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.
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 British pounds), according to a regulatory filing..
Home/Tech/ Payments tech firm Nuvei to buy Britain’s SafeCharge for $889 mln. Tech Payments tech firm Nuvei to buy Britain’s SafeCharge for 9 mln. admin May 22, 2019. 0 0 Less than a minute.
In an all-cash deal valued at $889 million. Nuvei, while Shore Capital is reportedly in that capacity for SafeCharge. The deal comes amid the market debut of Finablr in the UAE and Network.
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 British pounds), according to a regulatory filing. SafeCharge shareholders will receive $5.55 a share in cash under the agreement.
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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May 22 (Reuters) – SafeCharge International Group Ltd said payments technology firm Nuvei Corp would buy the company in an all-cash deal valued at $889 million. Under the agreement, SafeCharge.
· 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 payments.