LONDON/MILAN A consortium of buyout fund Apax and digital services firm Reply has dropped out of the auction process for Italian banking software firm Cedacri, two sources told Reuters, leaving three bidders vying for control of the 44-year old business.
MILAN, Nov 25 IT consultancy Accenture
and international fintech company ION Group are among a group of
four bidders that have submitted indicative bids for Italian
banking software and back-office group Cedacri, two sources told
MILAN Italy is prepared to hold the 2021 World Ski Championships in Cortina D'Ampezzo even with few or no fans on the ground due to COVID-19, the head of the organising body said on Wednesday, dismissing fears the event may be cancelled due to the pandemic.
MILAN Italy's Nexi has struck its second tie-up in six weeks, agreeing a 7.8 billion euro ($9.2 billion) merger with Nordic rival Nets to create Europe's largest payments group.
* Italy's state lender CDP to be main investor in
MILAN Italy's biggest payments group Nexi has extended its exclusive merger talks with Nordic rival Nets to Nov. 16, it said on Wednesday as it reported stronger-than-expected third-quarter earnings.
MILAN New coronavirus restrictions came into force in Italy on Friday but from pavements dotted with coffee drinkers to lines of striking taxi drivers, the picture on the streets was different from the ghostly scenes of the first lockdown. | Video
MILAN/LONDON Italy's biggest payments group Nexi said on Monday it was in exclusive takeover talks with Denmark's Nets over an $8 billion deal which follows its multi-billion euro tie-up with Milan-based SIA less than a month ago.