Nuvei to buy US payments processor Payoneer for $2.75 billion USD

Montréal-based Nuvei is set to acquire fellow payments processor Payoneer for $2.75 billion USD ($3.8 billion CAD) as part of a global expansion effort. The news: After Reuters reported talks between the two companies last week, Nuvei and Payoneer made the acquisition agreement official on Monday morning. Nuvei will acquire shares of the Nasdaq-listed company for $7.40 USD per share in cash, a roughly 35-percent premium on Payoneer’s trading price prior to Reuters’ report.