既報の通り、当社は2024年4月1日、カナダの既存株主であるフィリップ・フェイヤー、ノヴァキャップ・マネジメント・インクが運用する投資ファンド、ケベック州金融公社（Caisse de dépôt et placement du Québec）とともに、世界最大かつ最も経験豊富なグローバル・プライベート・エクイティ投資家の一人であり、決済分野における長年のスポンサーでもあるアドベント・インターナショナル（Advent International、以下「アドベント」）によって、当社の企業価値を約63億ドルとする全額現金による非公開化（以下「本取引案」）を行う最終合意に至りました。アドベントは、発行済の劣後議決権付株式およびロールオーバー株式以外の複数議決権付株式（総称して「株式」）のすべてを、1株当たり34.00ドルの現金で取得します。この価格は、ナスダック・グローバル・セレクト・マーケット（以下「ナスダック」）における劣後議決権付株式の、当社に関する潜在的取引に関する報道がなされる前の最終取引日である2024年3月15日の終値に対して約56%、また、同日時点における劣後議決権付株式1株あたりの90日間の出来高加重平均取引価格に対して約48%のプレミアムという、魅力的かつ大幅なプレミアムとなります。
Forward-looking information involves known and unknown risks and uncertainties, many of which are beyond our control, that could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, the risk factors described in greater detail under “Risk Factors” of the Company's annual information form ("AIF") and the “Risk Factor’s” in the Company’s management’s discussion and analysis of financial condition and results of operations for the three months ended June 30, 2024 (“MD&A”), such as: risks relating to our business, industry and overall economic uncertainty; the rapid developments and change in our industry; substantial competition both within our industry and from other payments providers; challenges implementing our growth strategy; challenges to expand our product portfolio and market reach; changes in foreign currency exchange rates, interest rates, consumer spending and other macroeconomic factors affecting our customers and our results of operations; challenges in expanding into new geographic regions internationally and continuing our growth within our markets; challenges in retaining existing customers, increasing sales to existing customers and attracting new customers; reliance on third-party partners to distribute some of our products and services; risks associated with future acquisitions, partnerships or joint-ventures; challenges related to economic and political conditions, business cycles and credit risks of our customers, such as wars like the Russia-Ukraine and Middle East conflicts and related economic sanctions; the occurrence of a natural disaster, a widespread health epidemic or pandemic or other similar events; history of net losses and additional significant investments in our business; our level of indebtedness; challenges to secure financing on favorable terms or at all; difficulty to maintain the same rate of revenue growth as our business matures and to evaluate our future prospects; inflation; challenges related to a significant number of our customers being small and medium businesses ("SMBs"); a certain degree of concentration in our customer base and customer sectors; compliance with the requirements of payment networks; reliance on, and compliance with, the requirements of acquiring banks and payment networks; challenges related to the reimbursement of chargebacks from our customers; financial liability related to the inability of our customers (merchants) to fulfill their requirements; our bank accounts being located in multiple territories and relying on banking partners to maintain those accounts; decline in the use of electronic payment methods; loss of key personnel or difficulties hiring qualified personnel; deterioration in relationships with our employees; impairment of a significant portion of intangible assets and goodwill; increasing fees from payment networks; misappropriation of end-user transaction funds by our employees; frauds by customers, their customers or others; coverage of our insurance policies; the degree of effectiveness of our risk management policies and procedures in mitigating our risk exposure; the integration of a variety of operating systems, software, hardware, web browsers and networks in our services; the costs and effects of pending and future litigation; various claims such as wrongful hiring of an employee from a competitor, wrongful use of confidential information of third parties by our employees, consultants or independent contractors or wrongful use of trade secrets by our employees of their former employers; deterioration in the quality of the products and services offered; managing our growth effectively; challenges from seasonal fluctuations on our operating results; changes in accounting standards; estimates and assumptions in the application of accounting policies; risks associated with less than full control rights of some of our subsidiaries and investments; challenges related to our holding company structure; impacts of climate change; development of AI and its integration in our operations, as well as risks relating to intellectual property and technology, risks related to data security incidents, including cyber-attacks, computer viruses, or otherwise which may result in a disruption of services or liability exposure; challenges regarding regulatory compliance in the jurisdictions in which we operate, due to complex, conflicting and evolving local laws and regulations and legal proceedings and risks relating to our Subordinate Voting Shares. These risks and uncertainties further include (but are not limited to) as concerns the Proposed transaction with Advent, the failure of the parties to obtain the necessary regulatory approvals or to otherwise satisfy the conditions to the completion of the transaction, failure of the parties to obtain such approvals or satisfy such conditions in a timely manner, significant transaction costs or unknown liabilities, failure to realize the expected benefits of the transaction, and general economic conditions. Failure to obtain the necessary shareholder, regulatory and court approvals, or the failure of the parties to otherwise satisfy the conditions to the completion of the transaction or to complete the transaction, may result in the transaction not being completed on the proposed terms, or at all. In addition, if the transaction is not completed, and the Company continues as a publicly-traded entity, there are risks that the announcement of the Proposed transaction and the dedication of substantial resources of the Company to the completion of the transaction could have an impact on its business and strategic relationships (including with future and prospective employees, customers, suppliers and partners), operating results and activities in general, and could have a material adverse effect on its current and future operations, financial condition and prospects. Furthermore, in certain circumstances, the Company may be required to pay a termination fee pursuant to the terms of the arrangement agreement which could have a material adverse effect on its financial position and results of operations and its ability to fund growth prospects and current operations.
[1] Philip Fayer、Novacap、CDPQ（およびこれらの株主が直接的または間接的に支配する企業を総称して以下「ロールオーバー株主」）は、それぞれ約95％、65％、75％の株式（以下「ロールオーバー株式」）をロールオーバーすることに合意し、クロージング時に売却される株式に対して総額約5億6,000万米ドルの現金を受け取る予定である。フィリップ・フェイヤー氏、ノヴァキャップ氏、CDPQ氏は、それぞれ約24%、18%、12%の株式を間接的に所有または支配する見込みです。予想される現金収入の割合と金額は、現在想定されるキャッシュ・ポジションに基づくものであり、クロージングまでに発生する現金により変更される可能性がある。
2024年、Nuveiはすでに、コロンビアで直接現地アクワイアラーになる最初のグローバル・ペイメント・カンパニーであることを発表し、LATAMにおける成長へのコミットメントを表明した。ブラジルでの決済機関ライセンスの取得に加え、ヌヴェイは現在メキシコで現地アクワイアリングサービスを実施しており、CNBV（Comisión Nacional Bancaria y de Valores）の下で直接アクワイアラーになるための処理要件を満たしている。LATAMにおけるさらなる戦略的拡大が予定されている。
.svg)
