Milan, 21 June 2021 – The Extraordinary Shareholders’ Meeting of SIA, which met today under the chairmanship of Federico Lovadina with the participation of 96.1% of the Company’s share capital, approved the plan for the merger by incorporation of SIA S.p.A. into Nexi S.p.A.
The completion of the merger is subject to the fulfilment of certain standard conditions precedent for transactions of this type, including the attainment of the relevant authorizations, including that of the competent Antitrust Authority.
The transaction represents a strategic opportunity to integrate the activities of SIA and Nexi, thus creating a new Italian paytech, leader in Europe able to cover the entire digital payments value chain and serve all market segments with the most complete and innovative range of solutions.
About SIA
SIA – a subsidiary of CDP Equity – is European leader in the design, creation and management of technology infrastructures and services for Financial Institutions, Central Banks, Corporates and the Public Sector, in the areas of Card & Merchant Solutions, Digital Payment Solutions and Capital Market & Network Solutions. SIA Group provides its services in over 50 countries, and also operates through its subsidiaries and branches in Austria, Belgium, Croatia, Czech Republic, Germany, Greece, Hungary, the Netherlands, Romania, Serbia, Slovakia, and South Africa. The company also has representation offices in the UK and Poland.
For more information: www.sia.eu/en
