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Market Chatter: Payoneer Global in Talks to Be Acquired by Nuvei for About $2.7 Billion

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Payoneer Global (PAYO) is in advanced talks to be acquired by Canadian payments firm Nuvei for about $2.7 billion, including Payoneers cash, which implies an enterprise value of about $2.3 billion, Reuters reported Tuesday, citing two people familiar with the matter.

Nuvei could sign a deal to acquire Payoneer in the coming days, the report said, citing the people.

The companies didn't immediately reply to requests for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $6.36, Change: $+1.22, Percent Change: +23.74%

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