While the deal could be signed in ‘the coming days’, talks are ongoing and it may not materialise at all, sources told Reuters.
Nuvei, a payments company based in Montreal, Canada, is reportedly in “advanced talks” to acquire Payoneer Global for $2.7bn, according to Reuters.
The purchase price – which includes Payoneer’s cash holdings – implies an enterprise value of about $2.3bn, according to two sources familiar with the matter that spoke with the publication.
While the deal could be signed in “the coming days”, talks are ongoing and it may change or not materialise at all, the sources added.
If the deal was signed, the resulting acquisition would combine Nuvei’s payment processing business with Payoneer’s cross-border payments solution.
