-Private equity firm Advent International is in advanced talks to buy Nuvei, a Canadian payments technology company that has received financial backing from actor Ryan Reynolds, a source familiar with the matter told Reuters on Saturday.
The buyout deal, if completed successfully, would mark the second deal in the past 12 months for a company backed by the Canadian-American Hollywood star Ryan Reynolds. Nuvei, which provides technology services to help businesses process transactions, went public in September 2020 and raised $700 million, the largest-ever technology company offering on the Toronto Stock Exchange at the time.Dealmaking in the financial services sector has witnessed an uptick in recent months. In February, Capital One agreed to acquire Discover Financial in a deal worth $35.3 billion.
A body language expert analyzed Prince William amid Kate Middleton's Mother's Day photoshop scandal and had a lot to say about his "fixed" smile.
Source: News Formal (newsformal.com)
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