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Normale Ansicht

Italy Tightens Grip on Payments Company Nexi With Stake Increase

Italy’s state lender Cassa Depositi e Prestiti SpA is set to increase its stake in Nexi SpA, tightening its grip on the payment company considered strategic by Prime Minister Giorgia Meloni’s government.

Attendees stand silhouetted against a Nexi SpA logo inside the Borsa Italiana, Italy's Stock Exchange, before the Nexi SpA launch ceremony in Milan, Italy, on Tuesday April 16, 2019. The initial public offering of payment-service company Nexi raised 2.01 billion euros ($2.3 billion), making it the biggest listing in Europe so far this year and the third major IPO of a payment-processing institution in the region in less than a year. Photographer: Alessia Pierdomenico/Bloomberg
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