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Nexi in negotiations with F2i to sell Italian assets for 800 million, including the ATM network

The Italian payments company is said to be in talks to sell only some assets, to concentrate on its core business, with clearing and digital corporate banking services also targeted

Nexi in negotiations with F2i to sell Italian assets for 800 million, including the ATM network

There is an alternative to the sale of capital shares in Nexi and that is the division and sale of individual businesses. After many suitors they showed interest for the Italian payments company, the Nexi deal to sell Italian assets worth approximately 800 million euros per infrastructure fund F2i Sgr.
Bloomberg News wrote it, according to which the company is negotiating an agreement with the fund for the transfer of clearing services need digital corporate banking, so that paytech can then focus on its main activities and rationalize its structure according to the business plan.
The assets in question are within the DBS digital solutions division, specifies Bloomberg, which cites sources familiar with the situation. Furthermore, according to the agency, Nexi is also in negotiations for the sale of another DBS asset, the ATM network, valued approximately 100 million of Euro. Last night the stock closed with a rise of 3,8%.

In any case, it will not be possible to proceed before an agreement is reached with the Italian government, represented in Nexi by CDP, which holds 13,5% as well as from Poste Italiane which has a 3,55% stake. Nexi is considered a strategic asset for the country, as it controls the payments infrastructure.

The Italian PayTech company, it closed the 9 months of 2023 with revenue up 7% compared to the same period last year at 2.448,8 million with an EBITDA growing by 10,2% to 1.267,7 million. Nexi has already signed the sale of the business eID in the Nordic countries to IN Groupe – the world's leading provider of secure digital identities and services – for a maximum fee of 127,5 million of Euro,

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