Deals
Nexi, SIA Said to Intensify Discussions on Payments Merger
- Companies have been considering a tie-up for more than a year
- Payments is one of the most active sectors in M&A globally
This article is for subscribers only.
Italy’s Nexi SpA and SIA SpA are intensifying talks about a potential merger that would create one of Europe’s biggest payments providers, people with knowledge of the matter said.
The two companies, which have been weighing the idea of a combination on and off for more than a year, recently resumed discussions about a deal, according to the people. Executives have met in the past few weeks and asked their advisers to examine potential synergies as well as determine a valuation for SIA, the people said, asking not to be identified because the information is private.