Nuvei Corp Reports Growth Amid Take-Private Plans
Company Announcements

Nuvei Corp Reports Growth Amid Take-Private Plans

Nuvei Corp (TSE:NVEI) has released an update.

Nuvei Corp reported a significant increase in its financial metrics for the third quarter of 2024, with a 27% rise in total volume and a 17% increase in revenue year-over-year. The company also announced a cash dividend and is in the process of a take-private transaction by Advent International, valuing Nuvei at approximately $6.3 billion. The transaction is expected to be finalized in the fourth quarter, potentially leading to the delisting of its shares from major stock exchanges.

For further insights into TSE:NVEI stock, check out TipRanks’ Stock Analysis page.

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