Nuvei Secures Regulatory Approvals for Arrangement to Go Private

MT Newswires Live11-13

Nuvei (NVEI) said Wednesday it has secured all necessary regulatory approvals for its plan of arrangement to be taken private by Neon Maple Purchaser, an entity formed by Advent International with support from Philip Fayer, funds managed by Novacap Management, and CDPQ.

The deal is expected to close around Friday, pending final conditions, Nuvei said.

Nuvei shares were up 1.2% in recent premarket activity.

Price: 33.98, Change: +0.41, Percent Change: +1.22

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