[ad_1] By Valentina Za, Gianluca Semeraro (Adds details, context) MILAN, Feb 1 (Reuters) – Italian banking service provider Nexi will hire 13 banks to run what could be Italy’s biggest…
Tag: Equity Capital Changes
Italy’s Intesa sells merchant payments business to Nexi, takes stake
[ad_1] By Valentina Za, Elisa Anzolin MILAN (Reuters) – Intesa SanPaolo ISP.MI is selling its retailers’ payment business to Nexi NEXII.MI in a 1 billion euro ($1.1 billion)deal that will…
TUI secures third bailout in COVID travel slump survival battle
[ad_1] By Arno Schuetze, Michael Nienaber, Klaus Lauer FRANKFURT/BERLIN (Reuters) – TUI secured a third bailout on Wednesday, striking a deal with the German government, private investors and banks for…
Germany bans Wirecard ‘shorting’ as prosecutors probe FT journalist
[ad_1] FRANKFURT (Reuters) – Germany’s financial watchdog has banned “short” selling of Wirecard shares due to volatility in the payments firm’s stock following reports in the Financial Times which are…
German state ready to buy company stakes to protect core industry
[ad_1] By Paul Carrel, Michelle Martin BERLIN (Reuters) – Germany’s government could take stakes in key domestic companies to prevent foreign takeovers, its Economy Minister said on Tuesday, presenting a…
Citi, Credit Suisse drop China’s Ucommune U.S. IPO over valuation -sources
[ad_1] By Scott Murdoch, Julie Zhu SYDNEY/HONG KONG (Reuters) – Citigroup Inc C.N and Credit Suisse Group AG CSGN.S have dropped out of the U.S. initial public offering of Chinese…
Former Italian minister raises 600 million euros in bank acquisition project
[ad_1] MILAN (Reuters) – Veteran Italian banker and former Industry Minister Corrado Passera topped expectations by raising 600 million euros (£526 million pounds) from investors with the aim of acquiring…