Nexi and SIA merger talks gain momentum ahead of valuation review - sources
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LONDON (Reuters) - Italian payments groups Nexi and SIA are exchanging confidential information as they explore a possible tie up to create an Italian payments powerhouse, three sources familiar with the matter said on Thursday.Discussions, which have been dragging since last year, may accelerate in June when valuation will become the main focus, one of the sources said, adding that establishing a fair value for unlisted SIA may continue to prove a stumbling block.The source said another..