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EU's antitrust gives green light to Nexi's merger with Nets

FILE PHOTO: The logo of Italian payments group Nexi is pictured inside their headquarters in Milan, Italy, March 28, 2019. REUTERS/Alessandro Garofalo

MILAN (Reuters) - The European Commission has given an unconditional authorization to the 7.8 billion euro ($9.28 billion) merger between Nexi and Nordic rival Nets, the Italian payment group said on Tuesday.

The merger will create the Europe’s largest payments group.

Reporting by Elisa Anzolin, writing by Cristina Carlevaro, editing by Giulia Segreti

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