Nexi Rejects TPG's Bid for Digital Banking Solutions Unit

MT Newswires Live12-19 04:25

Nexi S.p.A. said Thursday that its board has rejected an offer from US private equity firm TPG (TPG) for its Digital Banking Solutions business unit.

Nexi board had received the TPG offer earlier in November for the acquisition of certain assets belonging to the business unit, according to a statement.

Shares of TPG were down over 0.8% in recent trading.

Price: 64.52, Change: -0.48, Percent Change: -0.74

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