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New Deal


Announced

Euronext to acquire the technology businesses from Nexi for €57m.

Financials

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Transaction Value£49m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Pending

Italy

Acquisition

technology business management

Single Bidder

Friendly

Majority

IT Services: Other

Cross Border

Synopsis

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Euronext, a European stock exchange, agreed to acquire the technology businesses from Nexi, a payment services provider, for €57m ($60m). “This sale, consistent with our strategy following the mergers with SIA and Nets, will allow us to focus further on our core business, digital payments, accelerating our growth in Europe and focusing on the realisation of synergies," Renato Martini, Nexi Digital Banking & Corporate Solutions Director.

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