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Nexi Rejects TPG’s €1 Billion Bid for Digital Banking Unit

Bloomberg Markets
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Nexi Rejects TPG’s €1 Billion Bid for Digital Banking Unit

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Italy’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 statementBloomberg Terminal on Thursday.

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Source: Bloomberg Markets