Published by Global Banking & Finance Review®
Posted on November 7, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on GoogleNexi received a $1 billion offer from TPG for its digital banking assets, causing shares to rise 5%. The offer is valid until mid-December.
MILAN (Reuters) -Italy's Nexi has received an offer from U.S. private equity fund TPG for several assets in its digital banking solutions business, the payments group said on Friday.
The board will look at the offer, Nexi said in a statement, reacting to a report by Bloomberg about the TPG approach.
Shares in Milan-listed Nexi rose as much 5% to 5.31 euros on Friday following the report, which said the offer, valid until mid-December, was worth 1 billion euros and targeted the digital banking solutions unit.
The stock had plunged to its record low on Thursday.
In its statement Nexi, whose second-largest investor is Italian state lender CDP with a 19.4% stake, did not include the value of the bid and said the offer was subject to some conditions.
Nexi had been in talks to sell the business unit to Italian infrastructure fund F2i for 700-800 million euros in 2023 but parties were unable to find an accord, two sources familiar with the matter previously said.
(Reporting by Francesca Landini and Elvira Pollina, editing by Gavin Jones and Louise Heavens)
Digital banking refers to the digitization of all traditional banking activities, allowing customers to conduct financial transactions online through websites or mobile applications.
Equity represents ownership in a company, typically in the form of shares. It allows shareholders to benefit from the company's profits and growth.
Private equity involves investment in private companies or buyouts of public companies, typically through funds that manage capital from investors.
A payment solution is a service or technology that facilitates the processing of payments, enabling businesses to accept various payment methods from customers.
An investment offer is a proposal made to potential investors, detailing the terms and conditions under which they can invest in a business or asset.
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