Ashurst advised Credit Suisse International in relation to the US$889 million recommended cash offer for SafeCharge International Group Limited (‘SafeCharge’) by 11411802 Canada Inc. (a newly formed wholly-owned indirect subsidiary of Nuvei Corporation). Davis Polk advised Nuvei Corporation in connection with its offering. Collas Crill and Addleshaw Goddard acted as Counsel to SafeCharge International Group Limited Ogier advised Nuvei Corporation. Fasken advised Nuvei Corporation.
SafeCharge provides global omni-channel payments services from card acquiring and issuing to payment processing and checkout, all underpinned by advanced risk management solutions. Its fully featured proprietary payment platform connects directly to all major payment card schemes including Visa, MasterCard, American Express and Union Pay, as well as over 150 local payment methods.
Credit Suisse International acted as financial adviser to Nuvei Corporation in relation to the offer.
The Ashurst team was led by partners Karen Davies (Picture) and Tim Rennie, assisted by senior associate Briony Holcombe and associate Oliver Perkins.
The Davis Polk corporate team included partner Will Pearce, counsel Simon J Little and associates Joseph Scrace and Fiona Tregeagle. Partner Nick Benham, counsel Aaron Ferner and associate Patrick Ryan advised on the debt financing of the transaction. Partner Jonathan Cooklin provided tax advice. Counsel Nicholas Spearing and associate Mark Chalmers provided regulatory and antitrust advice.
Collas Crill acted as Guernsey Counsel to SafeCharge International Group Limited with a team including Sean Cheong and Wayne Atkinson, Simon Heggs, senior associate, Ben Le Page, associate and Ben Newton, paralegal in the Corporate, Finance and Funds team, and senior associate, James Tee from the Dispute Resolution team.
Ogier has advised Canadian payments technology company Nuvei Corporation with Craig Cordle, Bryon Rees, James Walsh, James Dickinson, Mathew Newman, Alex Horsbrugh-Porter and Michael Rogers.
Fasken advised Nuvei Corporation with Caitlin Rose,Michel Boislard, Marie-Christine Valois, Carolina Fusco and Nicolas Faucher.
Involved fees earner: Karen Davies – Ashurst; Briony Holcombe – Ashurst; Oliver Perkins – Ashurst; Tim Rennie – Ashurst; Wayne Atkinson – Collas Crill; Sean Cheong – Collas Crill; Simon Heggs – Collas Crill; Ben Le Page – Collas Crill; Ben Newton – Collas Crill; James Tee – Collas Crill; Nick Benham – Davis Polk & Wardwell; Mark Chalmers – Davis Polk & Wardwell; Jonathan Cooklin – Davis Polk & Wardwell; Aaron Ferner – Davis Polk & Wardwell; Simon Little – Davis Polk & Wardwell; Will Pearce – Davis Polk & Wardwell; Patrick Ryan – Davis Polk & Wardwell; Joseph Scrace – Davis Polk & Wardwell; Nicholas Spearing – Davis Polk & Wardwell; Fiona Tregeagle – Davis Polk & Wardwell; Michel Boislard – Fasken Martineau; Nicolas Faucher – Fasken Martineau; Alexandra Freedman – Fasken Martineau; Carolina Fusco – Fasken Martineau; Constantinos Ragas – Fasken Martineau; Caitlin Rose – Fasken Martineau; Marie-Christine Valois – Fasken Martineau; Craig Cordle – Ogier LLP; Alex Horsbrugh-Porter – Ogier LLP; Mathew Newman – Ogier LLP; Bryon Rees – Ogier LLP; Michael Rogers – Ogier LLP; James Walsh – Ogier LLP;