Nexi S.p.A : Nets: Nexi could not pass up the opportunity – Buy rating maintained
>Confirmation of exclusive negotiations between Nexi and Nets for a deal at a multiple equivalent to that of Nexi - Nexi yesterday confirmed it had begun exclusive 10-day negotiations with Nets, with a view to a merger. The deal has the support of the key shareholders of Nexi, Nets and the CDP (83% stake in SIA), which will remain fully invested in the new group. The transaction, financed in new shares, could be achieved on the basis of an EV/EBITDA 2020e multiple equ...Nexi SpA. Nexi SpA is an Italy-based financial technology company. The Company is specialized in the payment technology field offering digital services and infrastructure to banks, businesses, institutions and the public administration.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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