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

Canadian payments technology company Nuvei’s unit Nuvei Bidco is set to buy Israeli payment solutions company SafeCharge International Group Ltd. Controlled by Teddy Sagi at a company value of $889 million, the companies said SafeCharge shareholders would receive $5.55 in cash for each share held, representing a 25 per cent premium to the stock.

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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.

Payments tech firm Nuvei to buy Britain’s SafeCharge for $889 million. U.S. payments technology firm Nuvei Corp said it would buy SafeCharge International Group Ltd in an all-cash deal valued at.

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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 industry. The companies said SafeCharge shareholders would receive $5.55 in cash for each share held, representing

Nuvei Corp. has agreed to buy U.K.-based payments firm SafeCharge International Group Ltd. in a cash deal valued at 9 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.

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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 British pounds), according to a regulatory filing. SafeCharge shareholders will receive $5.55 a share in cash under the agreement.

SafeCharge International Group Ltd (LON:SCH) has become the latest payments technology company to be targeted for acquisition. Nuvei Corp has agreed to terms to buy SafeCharge in an all-cash deal valued at $889 million. The move will have significant implications in the payments space with US.

On the Alternative Investment Market, SafeCharge International (SCHS) surged 22.1% to 427.5p after US payments technology firm Nuvei said it would buy its UK-listed rival for $889 million, or $5.55.