MergerLinks - Nexi to acquire UBI Banca's retailers' payments business for €238m.

.

New Deal

New Deal

Announced

5 May 2021

Nexi to acquire UBI Banca's retailers' payments business for €238m.

Financials

Transaction Value£201m

Consideration TypeCash

Capital Owned-

Capital Bid For100%

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

Ubi Banca

vendor

Ubi Banca

Nexi

bidder

Nexi

Ubi Banca (retailers Payments Business)

target

Ubi Banca (retailers Payments Business)

Sources

Tags

Private

Acquisition

Friendly

payments

Italy

Pending

Single Bidder

Majority

Payments / Commerce

Domestic

Synopsis

Nexi, an Italian bank, agreed to acquire the retailers' payments business from UBI Banca, an Italian banking group, for €238m.

Service Providers (1)

Mediobanca

financial advisors

Mediobanca

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