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Nuvei to Release Second Quarter 2024 Results on August 6, 2024

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Nuvei (Nasdaq: NVEI) (TSX: NVEI), a Canadian fintech company, has announced it will release its second quarter 2024 financial results after market close on August 6, 2024. This announcement comes in the context of Nuvei's recent agreement to be taken private by Advent International, along with existing Canadian shareholders Philip Fayer, Novacap, and CDPQ. The privatization deal, announced on April 1, 2024, values Nuvei at an enterprise value of approximately US$6.3 billion, with shareholders set to receive US$34.00 per share in an all-cash transaction. Due to this pending transaction, Nuvei will not host a conference call or webcast to discuss the Q2 2024 results.

Nuvei (Nasdaq: NVEI) (TSX: NVEI), una società fintech canadese, ha annunciato che rilascerà i suoi risultati finanziari del secondo trimestre 2024 dopo la chiusura del mercato il 6 agosto 2024. Questo annuncio arriva nel contesto dell'accordo recente di Nuvei per essere acquisita da Advent International, insieme agli attuali azionisti canadesi Philip Fayer, Novacap e CDPQ. L'accordo di privatizzazione, annunciato il 1° aprile 2024, valuta Nuvei a un valore societario di circa 6,3 miliardi di dollari USA, con gli azionisti che riceveranno 34,00 dollari USA per azione in una transazione completamente in contante. A causa di questa transazione in sospeso, Nuvei non terrà una conferenza telefonica o una trasmissione web per discutere i risultati del Q2 2024.

Nuvei (Nasdaq: NVEI) (TSX: NVEI), una empresa fintech canadiense, ha anunciado que publicará sus resultados financieros del segundo trimestre de 2024 después del cierre del mercado el 6 de agosto de 2024. Este anuncio se produce en el contexto del reciente acuerdo de Nuvei para ser adquirida por Advent International, junto con los actuales accionistas canadienses Philip Fayer, Novacap y CDPQ. El acuerdo de privatización, anunciado el 1 de abril de 2024, valora a Nuvei en aproximadamente 6.3 mil millones de dólares estadounidenses, con los accionistas recibiendo 34.00 dólares por acción en una transacción totalmente en efectivo. Debido a esta transacción pendiente, Nuvei no realizará una llamada de conferencia ni una transmisión web para discutir los resultados del Q2 2024.

Nuvei (Nasdaq: NVEI) (TSX: NVEI), 캐나다 핀테크 회사가 2024년 2분기 재무 결과2024년 8월 6일 시장 종료 후 발표할 것이라고 발표했습니다. 이 발표는 Nuvei가 기존 캐나다 주주인 Philip Fayer, Novacap 및 CDPQ와 함께 Advent International에 인수될 것이라는 최근 계약과 관련이 있습니다. 2024년 4월 1일 발표된 privatization 거래는 Nuvei를 약 63억 달러 미국 달러의 기업 가치로 평가하며, 주주들은 주당 34.00 달러 미국 달러를 현금으로 받게 됩니다. 이 거래가 진행 중이기 때문에 Nuvei는 2024년 2분기 결과에 대해 전화 회의나 웹캐스트를 개최하지 않을 것입니다.

Nuvei (Nasdaq: NVEI) (TSX: NVEI), une entreprise fintech canadienne, a annoncé qu'elle publiera ses résultats financiers du deuxième trimestre 2024 après la fermeture des marchés le 6 août 2024. Cette annonce intervient dans le cadre de l'entente récente de Nuvei pour être privatisée par Advent International, en collaboration avec les actionnaires canadiens existants Philip Fayer, Novacap et CDPQ. L'accord de privatisation, annoncé le 1er avril 2024, évalue Nuvei à environ 6,3 milliards de dollars américains, les actionnaires recevant 34,00 dollars par action dans le cadre d'une transaction entièrement en espèces. En raison de cette transaction en attente, Nuvei ne tiendra pas de conférence téléphonique ni de webinaire pour discuter des résultats du Q2 2024.

Nuvei (Nasdaq: NVEI) (TSX: NVEI), ein kanadisches Fintech-Unternehmen, hat bekannt gegeben, dass es seine Finanzergebnisse für das zweite Quartal 2024 nach Börsenschluss am 6. August 2024 veröffentlichen wird. Diese Ankündigung erfolgt im Kontext von Nuveis jüngstem Vertrag, privat von Advent International übernommen zu werden, zusammen mit den bestehenden kanadischen Aktionären Philip Fayer, Novacap und CDPQ. Der Privatisierungsvertrag, der am 1. April 2024 angekündigt wurde, bewertet Nuvei mit einem Unternehmenswert von etwa 6,3 Milliarden US-Dollar, wobei die Aktionäre 34,00 US-Dollar pro Aktie in einer Bartransaktion erhalten. Aufgrund dieser ausstehenden Transaktion wird Nuvei keine Telefonkonferenz oder Webcast abhalten, um die Ergebnisse des Q2 2024 zu erörtern.

Positive
  • Nuvei is being taken private at a valuation of US$6.3 billion
  • Shareholders will receive US$34.00 per share in cash
Negative
  • No conference call or webcast for Q2 2024 results discussion
  • Potential loss of public market liquidity for current shareholders

MONTREAL, July 24, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announced it will release its second quarter 2024 results after market close on August 6, 2024.

On April 1, 2024, Nuvei announced that it entered into a definitive arrangement agreement to be taken private by Advent International, alongside existing Canadian shareholders Philip Fayer, Novacap, and CDPQ for US$34.00 per share via an all cash transaction, which values the Company at an enterprise value of approximately US$6.3 billion. In light of the announced transaction, Nuvei will not host a conference call or webcast to review the second quarter 2024 financial results.

About Nuvei

Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company accelerating the business of clients around the world. Nuvei's modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 50 markets, 150 currencies and 700 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration.

For more information, visit www.nuvei.com.

Nuvei Investor Contact:

Chris Mammone, Head of Investor Relations
IR@nuvei.com 

NVEI-IR

 

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SOURCE Nuvei

FAQ

When will Nuvei (NVEI) release its Q2 2024 financial results?

Nuvei (NVEI) will release its second quarter 2024 financial results after market close on August 6, 2024.

What is the status of Nuvei's (NVEI) privatization deal announced on April 1, 2024?

Nuvei (NVEI) entered into a definitive arrangement agreement to be taken private by Advent International, alongside existing Canadian shareholders, for US$34.00 per share in an all-cash transaction, valuing the company at approximately US$6.3 billion.

Will Nuvei (NVEI) host a conference call for its Q2 2024 results?

No, Nuvei (NVEI) will not host a conference call or webcast to review the second quarter 2024 financial results due to the pending privatization transaction.

What is the offer price for Nuvei (NVEI) shares in the privatization deal?

The privatization deal offers Nuvei (NVEI) shareholders US$34.00 per share in an all-cash transaction.

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