Barclays Emerging Payments and Fintech Forum, VC June 8/9th Italian payment services group SIA is considering an initial public offering which could value the company at 3.5 billion euros (3.04 billion pounds), Chief Executive Nicola Cordone said on Wednesday. Nexi and SIA people should be proud of this new leading player: a great opportunity for all”. Membro del Gruppo IVA Nexi P.IVA 10542790968, Creation of the European PayTech leader. Kepler Cheuvreux - Italian Investment Conference, © Nexi Payments SpA 2017. A powerful strategic combination between Nexi and Nets, C Oct. 05, 2020 Nexi and SIA, agreement for the creation of the European digital payments PayTech leader, VC May 13th /14 thth 2 0 obj
Goldman Sachs - 23rd Annual European Financials Conference, Milan, May 23rd 2019 Morgan Stanley European Technology, Media & Telecom Conference, VC, Nov 25th All Rights Reserved. C Download Financial Results Presentation Audio/Video (mp4) 1 0 obj
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The strategic combination will be executed as an all-share merger whereby Nets’ shareholders will receive about 406.6 million new Nexi shares, resulting in a pro-forma ownership of 39% in Nexi + Nets (or 31% when considering Nexi + Nets + SIA). Credit Suisse 2020 European Financials Disruption Conference, Acquisition of Intesa Sanpaolo’s merchant acquiring activities, C Information Document Regarding a Related Party Transaction of Major Importance, Dec 23rd 2019, Barcellona, Nov. 13th 2019 About Nexi SpA Nexi Spa provides payment services. Nexi SpA Nexi Spa provides payment services. Italian payments firms Nexi and SIA are exchanging confidential information as they explore a possible tie-up to create an Italian powerhouse in the sector, three sources familiar with the matter said. We will make all payments digital so that they’ll be easier, faster and more secure. However, Nexi accessed attractive debt funding conditions to re-lever its balance sheet post IPO, increasing its gross debt by around EUR1.0 billion with minimal debt service impact. between Nexi and SIA would have some deal-specific rationales: a) it would massively increase the entry barriers in Italy: Nexi stand-alone already has market shares that, in some segments, surpass the 70% mark. ���$Ma�c���n���p�hب�D���O�5�>���1;Ю�"��.��c�rd���5��)_����=�)H�x�8��{�a�^� �)�-��, �.r�u�&kC��nP�Ԍ�v�#{9eU>�-�!��;�4v�oC7Y-�6t`�w�dU4m}}8��I�|���0��� ~QL�ذ��kM�ᣚ����'���! <>
In turn, the EO of SIA, Mr Nicola ordone, declared “The integration of important hi-tech groups such as SIA and Nexi, thanks to the fundamental role and support of CDP, will create one, large, UBS European Virtual Conference 2020, VC, Nov 16th The Company offers digital invoicing, credit card payment processing, online disbursement, and other related services. The news comes less than a month after Nexi agreed to buy SIA for EUR 4.56 billion. All-share transaction, with 1.5761 newly issued Nexi shares for each SIA existing share •Pro-forma ownership: 70% Nexi shareholders (23% Mercury UK), 30% SIA shareholders (with CDP2 holding a relative majority stake slightly in excess of 25%) Aproximadamente el 11-02-21 Tweet nexi strategy We want to change the way Individuals and Businesses make their day-to-day payments and collections. Adding SIA would include banks like Unicredit and BNL in the customer list; b) it would add foreign markets exposure to Nexi all- 3 0 obj
SIA shareholders will receive 1.5761 Nexi shares for each SIA share. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.32 841.92] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>>
The takeovers have left a legacy of relatively high debts. Comparing Worldline/Ingenico and Nexi/Nets Groups, European Retail Payments Market Leaders Worldline recently completed its merger with Ingenico. A powerful strategic combination between Nexi and Nets. SESA. 4 0 obj
Discussions may accelerate in June when the companies will review SIA's valuation ahead of a possible deal, one of the sources said. (*) M&A, NEXI, SIA. Third quarter 2020 Financial Results presentation Milan, November 11 th 2020 – 6 pm CET. The Strategic Path Of The Italian Fintech Giant. Our customers are across industries and around the globe and use a blend of innovative products, tailor-made solutions, engineering services and novel approaches to overcome the same challenges you are facing.. Speakers: Paolo Bertoluzzo, CEO and Bernardo Mingrone, CFO. C Presentation. Edited Transcript of NEXI.PA earnings conference call or presentation 24-Feb-21 5:30pm GMT - Yahoo Finance. %����
These two events culminate a decade of consolidation in the European retail payments market. The race to scale in European Payments leapt forward yesterday with the news of Nexi’s acquisition of SIA and rumors of a sale of Nets, for which Nexi is also a rumored potential buyer.
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