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What happened, with direct paths to the underlying reporting
- Nuvei being acquired by Advent International for $6.3 billion at $34 per share. - Ryan Reynolds invested in Nuvei last year; transaction includes his undisclosed stake. - Founder Philip Fayer to remain CEO, company will be based in Montreal. - Nuvei processed over $200 billion in 2023, generating $1.2 billion in revenue. Price Impact Rating: Bearish Impact Horizon Rating: Long-term Type: Corporate Developments Key Takeaways: Acquisition valued at $6.3 billion, involving Ryan Reynolds' investment and CEO's continued role.
- Nuvei being acquired by Advent International for $6.3 billion at $34 per share.
- Ryan Reynolds invested in Nuvei last year; transaction includes his undisclosed stake.
- Founder Philip Fayer to remain CEO, company will be based in Montreal.
- Nuvei processed over $200 billion in 2023, generating $1.2 billion in revenue.
- Price Impact Rating: Bearish
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