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New Deal


Announced

Nexi to acquire the business in Croatia from Intesa Sanpaolo for €180m.

Financials

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Transaction Value£154m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA10.5x
Share Price Premium-
One Off Charge-

Tags

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Friendly

Private

Acquisition

Single Bidder

Croatia

Pending

Cross Border

banking services

Banks

Majority

Synopsis

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Nexi, a provider of payment services, agreed to acquire the business in Croatia from Intesa Sanpaolo, a provider of banking and financial services, for €180m ($189m). The agreement provides for a long‐term partnership among Nets CEE, PBZ Card e PBZ Bank for the marketing and distribution of Nexi products in the Croatian market. This transaction is substantially in line with the broader multi‐year partnership between Nexi Group and ISP Group in the Italian merchant acquiring space.

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