Quebec financial technology firm Nuvei nabs regulatory approvals needed to take firm private

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Quebec financial technology firm Nuvei nabs regulatory approvals needed to take firm private
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Nuvei, which is due to be bought by American private equity firm Advent International and taken private at a US$6.3-billion valuation, now says it expects the transaction to close on Friday

Nuvei Corp. says it has received all the regulatory approvals it requires for the company to be taken private.

The company, which keeps its books in U.S. dollars, reported Tuesday evening that its third-quarter net income totalled US$17.2-million compared with a net loss of US$18.1-million a year ago.

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