Workflow
CDP opposes Nexi’s sale of majority stake in digital banking unit to TPG
Yahoo Finance·2025-11-12 21:24

Italy’s Cassa Depositi e Prestiti (CDP) is opposing the payments group Nexi selling a majority stake in its digital banking solutions business to private equity firm TPG, Reuters reported, citing two people close to the matter. CDP, which holds a 19.14% stake in Nexi, is opposing a full divestment alongside senior Italian officials, considering the banking-services division as strategically important. Last week, Nexi received a proposal from TPG for several assets within the division that provides digita ...