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Ryan Reynolds-Backed Nuvei Reaches $6.3B Deal To Be Taken Private by Advent International

Apr 2, 2024, 2:40 AM EDT1 sourcesAI-analyzed

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- Nuvei is being acquired and taken private by Advent International for $6.3 billion. - Investors will receive $34 per share, a 5% premium over the closing price. - Ryan Reynolds invested in Nuvei and will continue to hold a stake. - The deal has the backing of Nuvei's founder, Philip Fayer, who will remain CEO. Price Impact Rating: bullish Impact Horizon Rating: short-term Type: Corporate Developments: Key Takeaways

  • Nuvei is being acquired and taken private by Advent International for $6.3 billion.
  • Investors will receive $34 per share, a 5% premium over the closing price.
  • Ryan Reynolds invested in Nuvei and will continue to hold a stake.
  • The deal has the backing of Nuvei's founder, Philip Fayer, who will remain CEO.

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