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

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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.

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.

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.

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 $889 mln. admin May 22, 2019. 0 0 Less than a minute.

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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 industry.

Nuvei, a Montreal-based payment technology firm and leading provider of global payment solutions, today announced that it has completed its acquisition of SafeCharge International Group Limited.

Apple argued that only direct customers should be able to file such a legal challenge, however the court ruled that Apple’s control over the App Store made the sales relationship a direct line between.

(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 payments industry. The companies said SafeCharge shareholders would receive $5.55 in cash for each share held.

Canadian payments firm Nuvei is set to buy British payments technology provider SafeCharge for £699 million in an all-cash deal. Under the terms of the deal, SafeCharge shareholders will receive $5.55 in cash per share and a 25 per cent premium on the business value at last close.