Announced
Financials
Tags
Friendly
Private
Acquisition
Single Bidder
Croatia
Pending
Cross Border
banking services
Banks
Majority
Synopsis
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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