Nexi Rejects TPG’s €1 Billion Bid for Digital Banking Unit
Italy’s digital payment company Nexi SpA rejected an offer by TPG for its digital banking solutions unit, marking a new failed attempt to sell it.
Nexi’s board decided it won’t proceed with the sale after “careful consideration” of the offer, according to a statement late on Thursday. Nexi shares fell 0.7% in Milan trading on Friday.