Advent near deal to buy Canadian payments processor Nuvei, source says (updated)

Nuvei

16/03/2024 21:28

(New throughout, adds comments from source)
       March 16 (Reuters) - Private equity firm Advent
International is in advanced talks to buy Canadian payments
processor Nuvei  NVEI.TO , a source familiar with the matter
told Reuters on Saturday.
        A deal between the parties could be announced soon, said
the source, who asked not to be named because the discussions
are confidential.
  
    The Wall Street Journal first reported about the potential
deal.
        Advent declined to comment. Nuvie did not immediately
respond to Reuters request for comment. 
  

 (Reporting by Devika Nair in Bengaluru; Editing by David
Gregorio)
 ((Devika.MadhusudhananNair@thomsonreuters.com;))