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NEXI Nexi S.p.A.

5.478
-0.114 (-2.04%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Nexi S.p.A. BIT:NEXI Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.114 -2.04% 5.478 5.45 5.54 5.61 5.466 5.584 3,934,942 17:00:00

Nexi Gets Italian Competition Authority's Green Light for SIA Acquisition

15/10/2021 6:57am

Dow Jones News


Nexi S.p.A (BIT:NEXI)
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From May 2021 to May 2024

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   By Giulia Petroni 
 

Nexi SpA said late Thursday that the Italian competition authority has cleared the planned acquisition of fintech rival SIA SpA, a deal set to create a European giant in the payments sector.

The Italian payments processor said the authorization is a further step in the completion of the deal and follows those already granted by the Polish, Austrian and German competition authorities.

The transaction should be completed as soon as is practicable, Nexi said. It still requires some technical and regulatory actions, including clearance by the German regulatory authority, the Danish investment authorities, and the Italian market regulator Consob.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

October 15, 2021 01:42 ET (05:42 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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