An upcoming Italian payments IPO can shrug off the country’s weak economy: Nexi. LJucca
Italy’s leading payment company Nexi said on Feb. 15 its board and shareholders have approved the launch of an initial public offering in Milan.
Nexi shares could start trading as early as April. It would likely be the biggest Italian listing since Pirelli in 2017.Cashless payments in Italy make up only 14 percent of total, the third-lowest level in Europe, according to a report from The European House – Ambrosetti.
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