Nexi No Longer Obligated to Acquire Sabadell's Payments Unit
Update: 2025-11-05
Description
Nexi Drops Paycomet Acquisition, Opens Door for New Partnership with SabadellAfter the expiration of their initial agreement, Nexi is no longer obligated to acquire Sabadell's retail payments unit, Paycomet. This development comes after a hostile takeover attempt by BBVA failed, ending months of uncertainty for Sabadell. Nexi remains interested in a partnership but only under new terms, as the original plan is now off the table.
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