In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u201coperation summary\u201d below, containing the information provided by the parties.<\/p>\n
This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.<\/p>\n
The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition, as amended and supplemented.<\/p>\n
Names of the companies and groups concerned:<\/strong><\/p>\n Nature of the operation<\/strong><\/p>\n Economic sectors concerned<\/strong><\/p>\n Deadline for interested third parties to submit their observations<\/strong><\/p>\n NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES<\/strong><\/p>\n The Competition Council has received notification of a project for an economic concentration operation concerning the indirect exclusive takeover of the company \u201cPayoneer Global Inc.\u201d by the company \u201cNeon Maple Parent Inc.\u201d, through its wholly-owned subsidiary \u201cPanda Acquisition Sub Inc.\u201d.<\/p>\n \u201cPanda Acquisition Sub Inc.\u201d is a newly formed company under the laws of the State of Delaware, United States, registered under number 10642309, with its registered office at 251 Little Falls Drive, Wilmington, New Castle, Delaware 19808, United States. Panda Acquisition Sub Inc. is a special purpose acquisition vehicle with no operational activities.<\/p>\n \u201cNeon Maple Parent Inc.\u201d is a company incorporated under the laws of Ontario, Canada, with registration number 1000842348, and its registered office at 199 Bay Street, Toronto, ON M5L 1A9, Canada. \u201cNeon Maple Parent Inc.\u201d is a holding company. It is notably the parent company of \u201cNuvei Corporation\u201d, a payment processing company headquartered in Montreal, Quebec, Canada. \u201cNuvei Corporation\u201d is a global technology company specializing in payments, providing the infrastructure needed for businesses to accept and process payments worldwide. Its platform enables businesses to offer next-generation payment solutions, provide a wide range of payout options, and manage risks and fraud.<\/p>\n \u201cPayoneer Global Inc.\u201d is a US company incorporated under the laws of the State of Delaware (United States) under registration number 1098672, with its registered office at 195 Broadway, 27th Floor, New York, NY 10007, United States. \u201cPayoneer Global Inc.\u201d is a financial technology company listed on the NASDAQ Global Market. It is active in international payments and cross-border payment solutions, enabling companies, online merchants, freelancers, and marketplaces to conduct transactions on a global scale.<\/p>\n Additionally, \u201cPayoneer Global Inc.\u201d provides workforce management services through its Workforce Management (WFM) platform, which simplifies provider onboarding, payroll management, billing, and subcontractor payment processes without the need for companies to establish a local entity.<\/p>\n <\/p>\n Done in Rabat on October 22, 2026.<\/p>\n","protected":false},"excerpt":{"rendered":" In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u201coperation summary\u201d below, containing the information provided by the parties. This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation. The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition, as amended and supplemented. Names of the companies and groups concerned: The indirect acquirer: the company \u201cNeon Maple Parent Inc.\u201d. The direct acquirer: the company \u201cPanda Acquisition Sub Inc.\u201d. The target: the company \u201cPayoneer Global Inc.\u201d. Nature of the operation Exclusive takeover. Economic sectors concerned The payment services sector. Deadline for interested third parties to submit their observations 10 days from the date of publication of this press release, i.e. November 2, 2026. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council has received notification of a project for an economic concentration operation concerning the indirect exclusive takeover of the company \u201cPayoneer Global Inc.\u201d by the company \u201cNeon Maple Parent Inc.\u201d, through its wholly-owned subsidiary \u201cPanda Acquisition Sub Inc.\u201d. \u201cPanda Acquisition Sub Inc.\u201d is a newly formed company under the laws of the State of Delaware, United States, registered under number 10642309, with its registered office at 251 Little Falls Drive, Wilmington, New Castle, Delaware 19808, United States. Panda Acquisition Sub Inc. is a special purpose acquisition vehicle with no operational activities. \u201cNeon Maple Parent Inc.\u201d is a company incorporated under the laws of Ontario, Canada, with registration number 1000842348, and its registered office at 199 Bay Street, Toronto, ON M5L 1A9, Canada. \u201cNeon Maple Parent Inc.\u201d is a holding company. It is notably the parent company of \u201cNuvei Corporation\u201d, a payment processing company headquartered in Montreal, Quebec, Canada. \u201cNuvei Corporation\u201d is a global technology company specializing in payments, providing the infrastructure needed for businesses to accept and process payments worldwide. Its platform enables businesses to offer next-generation payment solutions, provide a wide range of payout options, and manage risks and fraud. \u201cPayoneer Global Inc.\u201d is a US company incorporated under the laws of the State of Delaware (United States) under registration number 1098672, with its registered office at 195 Broadway, 27th Floor, New York, NY 10007, United States. \u201cPayoneer Global Inc.\u201d is a financial technology company listed on the NASDAQ Global Market. It is active in international payments and cross-border payment solutions, enabling companies, online merchants, freelancers, and marketplaces to conduct transactions on a global scale. Additionally, \u201cPayoneer Global Inc.\u201d provides workforce management services through its Workforce Management (WFM) platform, which simplifies provider onboarding, payroll management, billing, and subcontractor payment processes without the need for companies to establish a local entity. Done in Rabat on October 22, 2026.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[352],"tags":[],"class_list":["post-49499","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n\n
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