Nexi and SIA merger talks gain traction ahead of valuation review - sources

LONDON/MILAN (Reuters) - Italian payments firms Nexi and SIA are exchanging confidential information as they explore a possible tie-up to create an Italian powerhouse in the sector, three sources familiar with the matter said.Discussions may accelerate in June when the companies will review SIA's valuation ahead of a possible deal, one of the sources said."This will be a make or break moment," the source said, cautioning that establishing a fair value for SIA may prove a key hurdle.Nexi and SIA..