Market Chatter: Nuvei in Advanced Discussions to be Acquired by Advent International-March 2024-www.financetom.com

Market Chatter: Nuvei in Advanced Discussions to be Acquired by Advent International

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Market Chatter: Nuvei in Advanced Discussions to be Acquired by Advent International

Apr 1, 2024 7:42 AM

10:10 AM EDT, 04/01/2024 (MT Newswires) -- Nuvei ( NVEI ) is in late-stage discussions to be acquired by buyout firm Advent International, Bloomberg News reported Monday, citing people familiar with the matter.

A deal could be announced as soon as Monday, the unnamed sources told the news outlet.

Representatives for Advent and Nuvei ( NVEI ) declined to comment, according to Bloomberg.

The parties didn't immediately respond to MT Newswires' request for comment.

Nuvei ( NVEI ) shares were up 5.4% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 33.32, Change: +1.70, Percent Change: +5.38

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