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    NEXI   IT0005366767

NEXI S.P.A

(NEXI)
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Nexi Gets Italian Competition Authority's Green Light for SIA Acquisition

10/14/2021 | 11:42pm EST

By Giulia Petroni

Nexi SpA said late Thursday that the Italian competition authority has cleared the planned acquisition of fintech rival SIA SpA, a deal set to create a European giant in the payments sector.

The Italian payments processor said the authorization is a further step in the completion of the deal and follows those already granted by the Polish, Austrian and German competition authorities.

The transaction should be completed as soon as is practicable, Nexi said. It still requires some technical and regulatory actions, including clearance by the German regulatory authority, the Danish investment authorities, and the Italian market regulator Consob.

Write to Giulia Petroni at giulia.petroni@wsj.com

(END) Dow Jones Newswires

10-15-21 0142ET

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Analyst Recommendations on NEXI S.P.A
More recommendations
Financials
Sales 2021 1 864 M 2 109 M 2 109 M
Net income 2021 239 M 270 M 270 M
Net Debt 2021 3 315 M 3 752 M 3 752 M
P/E ratio 2021 39,0x
Yield 2021 0,21%
Capitalization 14 271 M 16 150 M 16 152 M
EV / Sales 2021 9,44x
EV / Sales 2022 6,63x
Nbr of Employees 2 014
Free-Float 75,3%
Chart NEXI S.P.A
Duration : Period :
Nexi S.p.A Technical Analysis Chart | NEXI | IT0005366767 | MarketScreener
Technical analysis trends NEXI S.P.A
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 16
Last Close Price 13,73 €
Average target price 20,41 €
Spread / Average Target 48,7%
EPS Revisions
Managers and Directors
Paolo Bertoluzzo Chief Executive Officer, Executive Director & GM
Bernardo Mingrone Chief Financial Officer
Michaela Castelli Chairman
Giuseppe Dallona Chief Information Officer
Federico Ferlenghi Head-Operations & Help Line
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