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General

Payments specialist SIA eyeing IPO, Nexi merger - report

Friday 31 January 2020 | 09:10 CET | News
Italian payment technology services provider SIA is preparing to appoint an adviser for a possible initial public offering (IPO) and is considering a tie-up with rival Nexi, according to two unnamed sources cited by Reuters. The news comes after SIA CEO Nicola Cordone last year said the group was considering a Milan stock exchange listing that could value the company at EUR 3.5 billion with a view to expanding further into Europe.

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Categories: General
Companies: SIA
Countries: Italy
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