TPG said to bid €1B for Nexi digital bank unit - report

[M&A - concept waiting for mergers and acquisitions.3D rendering on yellow background.]

TPG (TPG [https://seekingalpha.com/symbol/TPG]) has reportedly made a binding offer to buy the digital banking solutions unit of Italy's Nexi SpA (OTCPK:NEXPF [https://seekingalpha.com/symbol/NEXPF]) (OTCPK:NEXXY [https://seekingalpha.com/symbol/NEXXY]) for ~€1B ($1.15), after months of talks.

Nexi shares rose 5.3% in Friday afternoon trading in Milan.

The offer was submitted to Nexi's (OTCPK:NEXPF [https://seekingalpha.com/symbol/NEXPF]) board earlier this week, Bloomberg News reported, citing people familiar with the matter. The company was given until mid-December to decide on whether to accept the offer, they said. [https://www.bloomberg.com/news/articles/2025-11-07/tpg-said-to-make-1-billion-binding-bid-for-unit-of-italy-s-nexi]

Talks between the two companies earlier this year led to the U.S. investment firm making a preliminary proposal of ~€800M in March, Bloomberg had previously reported. Since then, talks slowed after some shareholders resisted, in line with the Italian government's view that the infrastructure may be of national strategic importance.

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