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

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.

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.

Payments tech firm Nuvei to buy Israeli-owned SafeCharge for $889 million With the all-cash deal valued at $889 million, Nuvei looks to expand in the fast-growing electronic payments industry. israeli businessman Teddy Sagi will receive 0 million for his stake in the company, whose research and development and technical support teams are.

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 to buy in cash Cyprus based fintech firm SafeCharge for $889 million The deal will create a company with a revenue of approx. $300 million and a transaction volume of approx. $30 billion

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Home/Tech/ Payments tech firm Nuvei to buy Britain’s SafeCharge for $889 mln. Tech Payments tech firm Nuvei to buy Britain’s SafeCharge for $889 mln. admin May 22, 2019. 0 0 Less than a minute.

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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.

(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.

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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.

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