Nexi, Europe’s largest payment processor, has received numerous proposals from private equity groups, including Silver Lake, to take the company private. Negotiations with Silver Lake broke down earlier this year over the price for the Milan-listed, 11 billion-euro company. Though discussions between European and North American payments companies and potential acquirers are heating up again, it’s unclear if Nexi’s former suitors will re-engage.
Bruised By a Valuation Freefall, Payments Companies Brace For M&A