Sia mulling one bn euros ipo, ceo Nicola Cordone says. While chilly on the hypothesis of a merger with Nexi

Sia spa, the leading European hi-tech company in the services and payment infrastructure sector, controlled by Cdp Equity (owned by the Italian Government),  is aiming at a one billion euros ipo, if an ipo is to be launched. Sia ceo Nicola Cordone said this yesterday at the presentation of the 2019-2021 business plan to the press. The manager explained that a final decision on the ipo issue has not been taken yet, but that it will be decided by next Summer. In any case, the ipo would consist part in a capital increase and partl in the sale of a portion of the shares held by the shareholders. To date, the capital of Sia is controlled at 49.48% by Cdp Equity and Poste Italiane, through FSIA Investimenti srl, and participated with a 17.0