CVC is looking at Nexi but not preparing an offer - source close to CVC
Reuters
Published Oct 18, 2023 11:09
Updated Oct 18, 2023 11:30
(Fixes typographical error in 3rd paragraph)
MILAN (Reuters) - A potential deal targeting Italian payments group Nexi (BIT:NEXII) is one of several options CVC Capital Partners is looking at, but the private equity firm is not preparing to file an offer, a source close to CVC said.
Nexi shares rose 17% on Wednesday after Bloomberg reported late on Tuesday that CVC was in the early stages of mulling a potential offer for Nexi.
CVC has had no contact with Nexi over a possible bid, the source said. A second source confirmed there had been no contacts on the matter.
(This story has been refiled to fix a typo in paragraph 3)
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Written By: Reuters
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