Shares in Italy's Nexi jump on report tie-up talks with SIA intensify

MILAN (Reuters) - Shares in Italian payments group Nexi jumped by nearly 9% on Thursday, lifted by a report that talks with rival SIA over a long-awaited merger had intensified. Investors have speculated about a possible deal to create an Italian champion in the fast-growing payments sector since Nexi listed a year ago in one of the biggest initial public offerings of 2019.Nexi's CEO Paolo Bertoluzzo said last week talks with rival SIA over a possible merger were ongoing but there was no news..