TPG Said to Offer Over €800 Million for Unit of Italy’s Nexi
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TPG Capital LP has made an offer of more than €800 million ($870 million) for the digital banking solutions unit of Italy’s Nexi SpA, people familiar with the matter said.
Italian state lender Cassa Depositi e Prestiti SpA has also shown interest in the business, reflecting a government view that the infrastructure involved may be of national strategic importance, said the people, asking not to be named as they lack authorization to discuss the situation publicly.