Deals
Advent in Advanced Talks to Buy Ryan Reynolds-Backed Nuvei
Phil Fayer, founder and chief executive officer of Nuvei Corp.
Photographer: Allen McInnis/BloombergThis article is for subscribers only.
Advent International agreed to buy Canadian payments processor Nuvei Corp. for $6.3 billion, including debt, in a further sign that confidence is returning among private equity dealmakers.
The buyout firm agreed to pay $34 per share in cash for Nuvei, according to a statement Monday. Bloomberg News reported earlier that a deal was close to being announced.