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Nuvei Agrees to Buy Payoneer in $2.75 Billion Payments Deal

Nuvei Agrees to Buy Payoneer in $2.75 Billion Payments Deal
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Cryptocurrencies Nuvei Agrees to Buy Payoneer in $2.75 Billion Payments Deal Nuvei Corp. has agreed to buy Payoneer Global Inc. for roughly $2.75 billion, forging a deal that would combine two North American payments companies that process more than half a trillion dollars in annual volume. The transaction will offer Payoneer shareholders $7.40 per share in cash, a 10% premium to the company’s prior closing price of $6.75, the companies said in a joint statement on Monday.

Cryptocurrencies Nuvei Agrees to Buy Payoneer in $2.75 Billion Payments Deal Nuvei Corp. has agreed to buy Payoneer Global Inc. for roughly $2.75 billion, forging a deal that would combine two North American payments companies that process more than half a trillion dollars in annual volume. The transaction will offer Payoneer shareholders $7.40 per share in cash, a 10% premium to the company’s prior closing price of $6.75, the companies said in a joint statement on Monday. [Image text:] 0 Payoneer OPayoneer
Payoneer (ORG) Nuvei Corp. (ORG) Payoneer Global Inc. (ORG) North American (ORG)
Originally published by Bloomberg Markets Read original →