Nuvei has signed a definitive agreement to buy Payoneer Global for $2.75 billion in cash, paying $7.40 per share in what amounts to a roughly 44% premium over Payoneer’s closing price on June 8, 2026. The deal, announced June 15, combines Nuvei’s merchant acquiring infrastructure with Payoneer’s sprawling cross-border payout network that serves freelancers and major e-commerce platforms like Amazon and eBay.
What the deal actually looks like
The $2.75 billion figure represents equity value, with preliminary talks earlier this month reportedly valuing the transaction at around $2.7 billion, implying an enterprise value of approximately $2.3 billion when accounting for Payoneer’s cash on hand.
Payoneer’s stock surged roughly 25% after reports of advanced acquisition talks surfaced on June 9, suggesting the market had largely priced in the possibility before the formal announcement landed six days later.
The transaction is expected to close in mid-2027, contingent on shareholder and regulatory approvals. Both sides have built in meaningful guardrails: Payoneer faces an $89 million termination fee if it walks away under certain circumstances, while Nuvei’s breakup fee runs considerably higher at $165 million.
