S&P maintains Nexi rating on CreditWatch Positive following agreed merger with Nets
The rating action is announced shortly after the signing of a binding framework agreement for all-share merger of Nets into Nexi.
The rating action is announced shortly after the signing of a binding framework agreement for all-share merger of Nets into Nexi.
The outlook on the new intermediate holding company and E*TRADE Bank is stable, in line with S&P’s outlook on Morgan Stanley.