Nexi S.p.A. (BIT:NEXI) agreed to acquire Merchant acquiring and POS management businesses from BPER Banca SpA and Banco di Sardegna S.p.A. for approximately €380 million on June 1, 2022. Under the terms, the consideration for the transaction is equal to €318 million, and a potential deferred component up to €66 subject to the achievement of certain economic and qualitative targets. Nexi will also buy the full ownership in Numera Sistemi e Informatica S.p.A. from Banco di Sardegna, subject to the prior carve-out from Numera of business activities not related to POS management and support. The transaction is subject to the necessary authorizations from the competent authorities. The transaction is expected to close in the second half of 2022. Mediobanca Banca di Credito Finanziario S.p.A. (BIT:MB) and Rothschild S.p.A. acted as financial advisors, Bonelli Erede Pappalardo Studio Legale acted as legal advisor and Legance - Avvocati Associati and KPMG S.p.A. acted as due diligence providers to Nexi S.p.A. As of December 29, 2022, the transaction will close on December 31, 2022.

Nexi S.p.A. (BIT:NEXI) completed the acquisition of Merchant acquiring and POS management businesses from BPER Banca SpA and Banco di Sardegna S.p.A. on December 31, 2022.