Nuvei rises on $6.3 bln go-private deal with Advent
** Shares of Canadian payment processor Nuvei NVEI.TO rise 2.3% to C$43.8
** U.S-listed shares of NVEI rise 2.1% to $32.28
** Private equity firm Advent International agrees to take Nuvei private in a $6.3 bln deal, including debt
** NVEI shareholders will receive $34/shr, a 56% premium to co's March 15 closing price on Nasdaq, a day before the potential deal was reported in the media
** Current CEO Philip Fayer will continue to lead NVEI, which will remain headquartered in Montreal
** Existing shareholders - Fayer, private equity firm Novacap and Canadian pension fund CDPQ - will indirectly own or control equity in the resulting private co of about 24%, 18% and 12%, respectively
** Deal expected to close in late 2024 or Q1 2025
Reporting by Arasu Kannagi Basil in Bengaluru
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