Nexi surges on FT report of potential CVC bid

CVC Capital Partners

29/04/2026 09:02

** Shares in Nexi NEXII.MI rise more than 6% after the Financial Times reported that private equity firm CVC Capital CVC.AS is weighing a 9 billion euro ($10.5 billion) bid for the Italian payments group, though analysts urged caution

** Italian state-backed investor Cassa Depositi e Prestiti (CDP) owns a 19% stake in Nexi, and FT adds it is unlikely to support delisting the stock

** "Overall, the process remains highly uncertain, with a significant political component linked to golden power constraints," says Equita, especially in case of a possible carve-out of the Digital banking solution (DBS) division

** Assuming the 9 bln euro figure refers to Nexi's enterprise value, "this would suggest little to no premium relative to the current market capitalisation," Akros says

** CVC and Nexi did not immediately respond to Reuters' requests for comment on Tuesday regarding the FT report

** The shares climb to their highest since January, rebounding from a record low hit in March after its three-year strategy disappointed investors

($1 = 0.8547 euros)

 (Enrico Sciacovelli)

 ((Enrico.sciacovelli@thomsonreuters.com))