Italy's CDP to raise stake in Nexi to up to 29.9%
ROME, May 25 (Reuters) - Italian state lender CDP, through its unit CDP Equity, plans to raise its stake in payment group Nexi NEXII.MI to up to 29.9% from its current 19.14%, it said on Monday. CDP Equity has no plans to launch a takeover bid, the Treasury-controlled group said in a statement, adding that it had signed off on derivative contracts for up to 8% of Nexi. (Reporting by Giuseppe Fonte, editing by Alvise Armellini) ((giuseppe.fonte@thomsonreuters.com; +390680307711;))
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