Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Nuvei Corp T.NVEI

Alternate Symbol(s):  NVEI

Nuvei Corporation is a Canadian fintech company accelerating the business of clients around the world. Its modular, flexible and scalable technology allows companies to accept payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in over 200 markets, with local acquiring in 50 markets, 150... see more

TSX:NVEI - Post Discussion

Nuvei Corp > Are the sale terms final?
View:
Post by GetRichSlowly on Apr 01, 2024 1:28pm

Are the sale terms final?

I have been holding Nuvei for a while and averaged down several times. My average is still high. Are we really only getting the same price as what this traded at in early 2023? Could the number go up? I thought I would make money on a going private deal, not lose a bunch.
Comment by gold_diggers1 on Apr 01, 2024 1:35pm
Nothing is final until the deal closes in late 2024/Q1 of 2025 as stated in the NR which you should read in details anyway.  The breakage fee for NVEI is US$150M, and for Advent is US$250M.  That is the deal unless a white knight comes along in the mean time. TD did the valuation of FMV between US$33 and US$42.  Advent's offer is at the low end.
Comment by GetRichSlowly on Apr 01, 2024 1:37pm
Thank you for providing helpful information - you don't always get there here lol. I haven't been following this close enough. Thanks for catching me up to speed. I sure hope there is a higher offer.