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Payments tech firm Nuvei to buy Britain’s SafeCharge for $889 million

Nuvei has agreed to purchase Teddy Sagi-owned SafeCharge in the latest major deal in payment solutions sector. US payments technology firm Nuvei Corp. has made an all-cash offer to buy British online payment processing company SafeCharge International Group Ltd. amid a massive wave of consolidation in the sector.

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 · Nuvei Corp. has agreed to buy U.K.-based payments firm SafeCharge International Group Ltd. in a cash deal valued at $889 million (669 million pounds), according to a regulatory filing. The purchase price represents a 25% premium based on the SafeCharge purchase price at the end of business yesterday.

May 22 (Reuters) – U.S. payments technology firm Nuvei Corp said it would buy SafeCharge International Group Ltd in an all-cash deal valued at $889 million to expand in the. of market debut of.

Payments tech firm Nuvei to buy Britain’s SafeCharge for $889 million. The companies said SafeCharge shareholders would receive $5.55 in cash for each share held, representing a 25% premium to the stock’s Tuesday closing price.

 · Nuvei Corp. has agreed to buy U.K.-based payments firm SafeCharge International Group Ltd. in a cash deal valued at $889 million (669 million British pounds), according to a regulatory filing. SafeCharge shareholders will receive $5.55 a share in cash under the agreement.

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Payments tech firm Nuvei to buy Britain’s SafeCharge for $889 million: Reuters May 22, 2019 – peHUB U.S. payments technology firm Nuvei Corp said it would buy SafeCharge International Group Ltd in an all-cash deal valued at $889 million to expand in the fast-growing electronic payments.

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Home / tech & science / Payments tech firm Nuvei to buy Britain’s SafeCharge for $889 million. payments tech firm nuvei to buy Britain’s SafeCharge for $889 million. alwafd.alex May 22, 2019 tech & science, technologyNews Leave a comment 18 Views. Related Articles. Branson’s Virgin Orbit completes key rocket test.