Svmuu News: Payment company Nuvei Corporation has announced it will acquire Payoneer Global Inc. for approximately $2.75 billion. Upon completion of the transaction, the two North American payment firms will merge, resulting in a combined annual transaction volume exceeding $500 billion. Under the terms of the agreement, Payoneer shareholders will receive $7.40 in cash per share, representing a premium of approximately 10% over the company’s closing price of $6.75 on the previous trading day. Both companies stated that the merger will strengthen their presence in cross-border payments, merchant acquiring, and global funds settlement networks, further enhancing their competitiveness in the global digital payments infrastructure sector. (Bloomberg)