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

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(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.

Canadian payments tech company Nuvei Corporation to buy UK-Israeli company SafeCharge for $889M, amid ongoing consolidation in the electronic payments industry – Israeli Teddy Sagi will get $600 million from sale – SafeCharge International Group, a U.K.-Israeli company founded.

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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.

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.

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.

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.

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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.

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.

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