Nuvei to buy digital payment platform Payoneer for US$2.75 billion

Payment technology firm Nuvei Corp. has agreed to acquire the U.S. cross-border payment platform Payoneer Global Inc. for US$2.75 billion in a deal that expands the Canadian company's reach to more than 190 countries. The agreement offers Payoneer shareholders US$7.40 cash per common share, which represents a 44 per cent premium from last week's share price. Nuvei, based in Montreal,…

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