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Payment tech firm Nuvei forms special committee to evaluate proposals, shares soar

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MONTREAL — Shares of Nuvei Corp. rose nearly 30 per cent after it said it has formed a special committee to evaluate expressions of interest for the payment technology firm. Nuvei shares were up $8.47 at $37.

MONTREAL — Shares of Nuvei Corp. rose nearly 30 per cent after it said it has formed a special committee to evaluate expressions of interest for the payment technology firm.The company announced the establishment of the committee after media reports on the weekend speculating about a potential deal that would see the company taken private.

However, Nuvei cautioned that it has not entered into any agreements and there could be no assurance that any discussions would result in a deal.

 

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Payment tech company Nuvei forms special committee to evaluate proposalsMONTREAL — Nuvei Corp. says it has formed a special committee to evaluate expressions of interest for the payment technology firm including a potential going-private transaction as well as any other strategic alternatives.
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