Italian payments firm moves ahead with IPO plans
SIA, the state-controlled Italian payments company, is pushing ahead with plans for a listing in Milan this year, according to sources, if the Covid-19 coronavirus does not destroy sentiment for Italian equities.
The company has been weighing up an IPO for some time, although it has also been exploring a potential merger in a dual-track process.
There has been speculation that SIA could pursue a merger with fellow Italian payments firm Nexi, which listed in Milan last year.But sources ...
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