PAYONEER GLOBAL DL-,01

Payoneer shares rose to a 52-week high of $7.18, gaining 55% over the past six months and 27% year-to-date. Nuvei intends to acquire Payoneer for about $2.75 billion, paying $7.40 per share; the deal is expected to close in mid-2027. Analysts' reactions are mixed: William Blair downgraded its rating, while Benchmark reiterated a buy with a $9.00 price target. Payoneer also opened an innovation center in Gurugram; the company trades at a price-to-earnings (P/E) ratio of 50.9 and is currently considered undervalued by InvestingPro. » Więcej na de.investing.com

Payoneer has opened an innovation hub in Gurugram that brings together engineering, product, data, AI, compliance and go-to-market teams to develop platform capabilities and AI-powered applications for cross-border payments. The company plans further investments at the site as part of its global growth and emphasizes India’s central role in its AI strategy. Payoneer has a market capitalization of USD 2.4 billion, annual revenue of USD 1.07 billion and a gross profit margin of 85%; the company holds an in-principle approval from the Reserve Bank of India as a payment aggregator and recently acquired Skuad. » Więcej na de.investing.com

Payoneer shares jumped by up to 18% on Tuesday morning after reports that Nuvei is in advanced takeover talks with the payments provider. According to the reports, the deal would value Payoneer, including debt, at around $2.3 billion, representing a premium to the previous market capitalization of about $1.75 billion. Nuvei was taken private in April 2024 as part of a $6.3 billion transaction by Advent International. » Więcej na de.investing.com