Italian Bank BPER Gets Offer From NEXI for Merchant Payment Arm

Reuters

“Italian bank BPER Banca said it had received a non-binding offer for its merchant payment business from NEXI , in the latest acquisition by the fast-growing Italian payments giant. BPER, Italy’s fifth-largest bank, said it had given NEXI two months exclusively to submit a binding offer for the asset. NEXI already runs BPER’s shop payments services through a commercial partnership.”