The chessboard is ready and nexi, the former Icbpi-CartaSì which supplies services and infrastructures for digital payment, is reorganizing the structure before launching the decisive attack of theIpo. Even before this, it is good to remember that the reorganization is also affecting the sale of Oasis, a subsidiary of Nexi and operating in the development of banking compliance solutions. The offers will start in September which could determine an overall value of Oasi equal to approximately 200 million. Potential buyers come both from large private equity funds and from industrial entities Tecnoinvestimenti and Cerved Group as well as from consultancy firms such as Accenture and PwC.
At the moment the company is at a crossroads and is evaluating whether to start the process stock exchange listing of the payments division which today represents 90% of the value of the assets and which could envisage a valuation of around 5-6 billion euros or sell the assets to sovereign wealth funds and pension funds such as the sovereign wealth fund of Singapore or some Canadian pension funds, which have shown the interest in entering the group of electronic payments in the minority and before the IPO. For now, according to Il Sole 24 Ore, this move has been shelved, but it could once again be taken into consideration precisely in view of the listing on the Stock Exchange, since having a foreign sovereign wealth fund would be a good pawn to play.
It will carry out separate activities of the custodian bank division – Depobank , born on 600 July last and which also included Mercury Payment System, a former asset of Banca Intesa Sanpaolo - which alone has a value of almost 120 million, 460 customer banks and XNUMX million transactions managed per year. There are several roads open to Depobank, one is to foresee one future assignment to groups already present in the sector, such as Société Générale Securities Services or Bnp Paribas Securities Services.
