Reuters reveals Italian payments firm Nexi leads race for $10 bln Nets takeover

Reuters exclusively reported that Italian payments technology firm Nexi is leading negotiations to buy Nordic rival Nets in an all-stock deal worth about $10 billion after trumping competition from U.S. firm Global Payments. The deal would transform Nexi, which has a market value of 8.4 billion euros ($9.93 billion), into a European payment powerhouse, allowing it to build a footprint in key regions such as the Nordics and Central and Eastern Europe.