Nexi Gets Italian Competition Authority's Green Light for SIA Acquisition
15 Outubro 2021 - 2:57AM
Dow Jones News
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
October 15, 2021 01:42 ET (05:42 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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