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

payments tech firm nuvei to buy Britain’s SafeCharge for $889 mln (Adds premium on deal, background) 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 fast-growing electronic payments industry.

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(Reuters) – SafeCharge International Group Ltd said payments technology firm Nuvei Corp would buy the company in an all-cash deal valued at $889 million. Under the agreement, SafeCharge shareholders would receive $5.55 in cash for each share held. Shares of SafeCharge were up 21.4 at 435 pence.

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Nuvei agrees to buy SafeCharge amid a flurry of fintech deals. payments company Nuvei is making its bet via a $889 million deal to acquire.

Payments tech firm Nuvei to buy Britain’s SafeCharge for $889 million. Reuters – by Samantha Machado in Bengaluru (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 fast-growing electronic payments industry.

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SafeCharge International Group Limited is a United Kingdom-based company, which is engaged in the provision of payments services, technologies and risk management solutions for online and mobile businesses.. Payments tech firm Nuvei to buy Britain’s SafeCharge for $889 million: Apr 6: SafeCharge International Group Limited (LON:SCH): What’s.

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.

The companies said SafeCharge shareholders. follows a $35 billion deal by U.S. firm FIS to buy Worldpay earlier this year. Previously known as Pivotal Payments, the Plano, Texas-based company.

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Bulgarians aren’t the only ones in on the act. Police say that 1,000 Romanian skimming rings are working in Britain currently, with an annual take of £30 million ($48.5 million), the Mail reported. In.