Cdp Equity and Poste towards absolute control of payments group Sia, in a 3.2 bn euros deal

Negotiations between Cdp Equity and Poste Italiane, on the one hand, and F2i sgr and HAT sgr on the other hand, on the transfer of shares of Sia, the European group of services and payment infrastructures, are now at a very advanced stage. For months there have been rumors of possible mergers with the other paytech Milana-listed company Nexi or with some other subjects or of an ipo (see here a previous post by BeBeez). MF Milano Finanza wrote about the acceleration of negotiations yesterday. According to BeBeez, the transaction would be conducted on the basis of an enterprise value of Sia of 3.2 billion euros. More in detail, FSIA Investimenti, which today controls Sia with a 49.48% stake, and which in turn reports for 70% to Cdp Equity