Top investor in Italy's Nexi cuts stake as M&A looms

The top investor in Nexi has sold 8.8% of the Italian payments group, cutting its holding in a move seen by investors as easing the way for a long-awaited potential merger with rival SIA. [Source]

Origin: reuters.com

Category: technologyNews

Topics: investor, rival, merger, potential, long-awaited, easing, investors, holding, cutting, group, payments, Italian, looms, stake, Italy's

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/SW8jz2VMrT4/top-investor-in-italys-nexi-cuts-stake-as-ma-looms-idUSKBN2331M4