Tag Archives: Advent

Three weeks after the firm confirmed it had received interest from prospective buyers, Nuvei has been purchased by private equity group Advent International. The Montreal-based payments solutions provider will be purchased by Advent for US$34 per share, putting the total valuation of the company at $6.3bn. Philip Fayer will retain his position as Chairman and CEO of the group, as well as holding …

The third quarter of 2021 saw further regulatory developments across Europe, and one of the year’s biggest M&A saga’s concluded as 888 Holdings finalised the terms of its William Hill acquisition.  Sportradar, the Swiss sports data and technology company, successfully completed its public listing on the US Nasdaq stock exchange in September, with some assistance from basketball legend Michael Jordan. …

Tipico, Germany’s biggest betting firm, is reported to be ‘among the frontrunners’ vying to acquire William Hill’s UK and European offcuts, put up for sale by Caesars Entertainment. As reported by Sky News this afternoon, ‘City sources’ have disclosed that Tipico tabled a ‘credible offer to Caesars’ – who have priced William Hill’s surplus units at a combined value of …