New Risk • May 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Austrian stocks, typically moving 6.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.9% average weekly change). Minor Risk Paying a dividend despite being loss-making. Buy Or Sell Opportunity • May 12
Now 24% undervalued Over the last 90 days, the stock has risen 16% to €3.96. The fair value is estimated to be €5.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Meanwhile, the company became loss making. Upcoming Dividend • May 11
Upcoming dividend of €0.30 per share Eligible shareholders must have bought the stock before 18 May 2026. Payment date: 20 May 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 7.2%. Within top quartile of Austrian dividend payers (3.8%). Higher than average of industry peers (3.0%). Announcement • Apr 17
Nexi S.p.A. (BIT:NEXI) completed the acquisition of Business unit of Banca Popolare di Sondrio S.p.A. (BIT:BPSO) for €105 million. Nexi S.p.A. (BIT:NEXI) signed an agreement to acquire Business unit of Banca Popolare di Sondrio S.p.A. (BIT:BPSO) for €105 million on December 24, 2025.
The transaction is subject to subject to antitrust regulations. The expected completion of the transaction is January 1, 2026 to April 30, 2026.
Giuseppe Rossano Latorre, Silvano Lenoci, Gianluca Viola, and Marcello Adriano Ponti of Kitra Advisory S.p.A. acted as financial advisor for Banca Popolare di Sondrio S.p.A. Alessandro Fustinoni and Stefano Pinsino of Equita SIM acted as financial advisor for Nexi S.p.A. PedersoliGattai acted as legal advisor for Nexi S.p.A. Gaia Mazzalveri, Domenico Soprano and Andrea Fornara of Vitale&Co. S.P.A. acted as financial advisor for Banca Popolare di Sondrio S.p.A. Studio Legale Carbonetti e Associati acted as legal advisor for Banca Popolare di Sondrio S.p.A.
Nexi S.p.A. (BIT:NEXI) completed the acquisition of Business unit of Banca Popolare di Sondrio S.p.A. (BIT:BPSO) on March 17, 2026. Reported Earnings • Apr 06
Full year 2025 earnings released: €2.81 loss per share (vs €0.14 profit in FY 2024) Full year 2025 results: €2.81 loss per share (down from €0.14 profit in FY 2024). Revenue: €3.62b (up 1.1% from FY 2024). Net loss: €3.38b (down €3.56b from profit in FY 2024). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 17% decline forecast for the Diversified Financial industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Announcement • Mar 09
Nexi S.p.A., Annual General Meeting, Apr 29, 2026 Nexi S.p.A., Annual General Meeting, Apr 29, 2026. Declared Dividend • Mar 09
Dividend increased to €0.30 Dividend of €0.30 is 20% higher than last year. Ex-date: 18th May 2026 Payment date: 20th May 2026 Dividend yield will be 10%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio). However, it is covered by cash flows (65% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 13% to bring the payout ratio under control. EPS is expected to grow by 46% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • Mar 07
Nexi S.p.A. announces Annual dividend, payable on May 20, 2026 Nexi S.p.A. announced Annual dividend of EUR 0.3000 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026. Reported Earnings • Mar 07
Full year 2025 earnings released Full year 2025 results: Revenue: €6.27b (flat on FY 2024). Net loss: €3.38b (down €3.56b from profit in FY 2024). Revenue is expected to fall by 13% p.a. on average during the next 3 years compared to a 16% decline forecast for the Diversified Financial industry in Europe. New Risk • Mar 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (102% payout ratio). Share price has been volatile over the past 3 months (5.8% average weekly change). Large one-off items impacting financial results. Buy Or Sell Opportunity • Jan 14
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to €3.85. The fair value is estimated to be €4.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 13% per annum. Earnings are forecast to grow by 23% per annum over the same time period. Reported Earnings • Aug 03
First half 2025 earnings released: EPS: €0.07 (vs €0.023 loss in 1H 2024) First half 2025 results: EPS: €0.07 (up from €0.023 loss in 1H 2024). Revenue: €1.74b (down 42% from 1H 2024). Net income: €88.0m (up €117.9m from 1H 2024). Profit margin: 5.1% (up from net loss in 1H 2024). The move to profitability was driven by lower expenses. Revenue is expected to decline by 13% p.a. on average during the next 3 years, while revenues in the Diversified Financial industry in Europe are expected to grow by 2.1%. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Announcement • May 06
Nexi S.p.A. announces Annual dividend, payable on May 21, 2025 Nexi S.p.A. announced Annual dividend of EUR 0.2500 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €4.68, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Diversified Financial industry in Europe. Total loss to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.72 per share. Buy Or Sell Opportunity • Apr 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to €4.49. The fair value is estimated to be €5.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 14% per annum. Earnings are forecast to grow by 36% per annum over the same time period. Reported Earnings • Apr 06
Full year 2024 earnings released: EPS: €0.15 (vs €0.78 loss in FY 2023) Full year 2024 results: EPS: €0.15 (up from €0.78 loss in FY 2023). Revenue: €6.29b (up 6.6% from FY 2023). Net income: €186.8m (up €1.21b from FY 2023). Profit margin: 3.0% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Revenue is expected to fall by 15% p.a. on average during the next 3 years compared to a 13% decline forecast for the Diversified Financial industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. New Risk • Apr 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results. Announcement • Mar 04
Nexi S.p.A., Annual General Meeting, Apr 30, 2025 Nexi S.p.A., Annual General Meeting, Apr 30, 2025. Reported Earnings • Mar 03
Full year 2024 earnings released Full year 2024 results: Revenue: €6.29b (up 6.6% from FY 2023). Net income: €186.8m (up €1.21b from FY 2023). Profit margin: 3.0% (up from net loss in FY 2023). Revenue is expected to fall by 16% p.a. on average during the next 3 years compared to a 15% decline forecast for the Diversified Financial industry in Europe. Reported Earnings • Aug 01
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: €878.8m (down 37% from 2Q 2023). Net income: €465.4m (up €449.2m from 2Q 2023). Profit margin: 53% (up from 1.2% in 2Q 2023). Revenue is expected to fall by 10% p.a. on average during the next 3 years compared to a 19% decline forecast for the Diversified Financial industry in Europe. Reported Earnings • Mar 11
Full year 2023 earnings released Full year 2023 results: Revenue: €5.90b (up 8.7% from FY 2022). Net loss: €1.03b (down €1.16b from profit in FY 2022). Revenue is expected to fall by 11% p.a. on average during the next 3 years compared to a 8.2% decline forecast for the Diversified Financial industry in Europe. Announcement • Mar 07
Nexi S.p.A. Provides Earnings Guidance for the Year 2024 Nexi S.p.A. provided earnings guidance for the year 2024. For 2024, the company expects net revenues to be in mid-single digit year on year growth. New Risk • Oct 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Austrian stocks, typically moving 4.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Share price has been highly volatile over the past 3 months (4.7% average weekly change). Minor Risk Large one-off items impacting financial results. Announcement • Oct 19
CVC Capital Reportedly in the Early Stages of Considering Potential Bid for Nexi Nexi S.p.A. (BIT:NEXI) jumped as much as 19% after people with knowledge of the matter said CVC Capital Partners Limited is in the early stages of considering a potential bid for European payments firm. The buyout group has been evaluating Nexi for some time, the people said, asking not to be identified because the information is private. Shares in Nexi hit an intraday record in early trading on October 18, 2023. The stock was up 10% at 12:17 p.m. in Milan, giving the company a market value of €8.3 billion ($8.8 billion). Other investment firms have also been studying Nexi, the people said. Buyout funds could end up partnering on a joint bid for the company given the size of the potential deal, some of the people said. Nexi is among a number of possible targets being studied by CVC, the people said. It hasn’t yet made a formal approach to the Italian firm, and there’s no certainty it will proceed with a bid, they said. Private equity-backed Nexi has grown rapidly through a series of acquisitions in recent years to become one of the biggest players in the European payments industry. Its major shareholders include Hellman & Friedman LLC, as well as a vehicle backed by Bain Capital, LP and Advent International Corporation, according to data compiled by Bloomberg. It’s unclear whether Nexi’s owners would be open to a sale in the near term given the depressed valuation. Representatives for CVC, Nexi, Advent and Hellman & Friedman declined to comment, while a spokesperson for Bain didn’t immediately respond to a request for comment. New Risk • Aug 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 4.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (4.4% average weekly change). Large one-off items impacting financial results. New Risk • Aug 04
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risk Large one-off items impacting financial results. Reported Earnings • Aug 03
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €835.3m (down 32% from 2Q 2022). Net income: €436.1m (up €393.6m from 2Q 2022). Profit margin: 52% (up from 3.4% in 2Q 2022). Revenue is expected to fall by 5.2% p.a. on average during the next 3 years compared to a 29% decline forecast for the Diversified Financial industry in Europe. Announcement • Aug 03
Nexi S.p.A. to Report Nine Months, 2023 Results on Nov 09, 2023 Nexi S.p.A. announced that they will report nine months, 2023 results on Nov 09, 2023 Announcement • Aug 02
Nexi S.p.A. (BIT:NEXI) acquired 30% stake in Computop Paygate Gmbh from Frank Arnoldt and Ralf Gladis. Nexi S.p.A. (BIT:NEXI) acquired 30% stake in Computop Paygate Gmbh from Frank Arnoldt and Ralf Gladison January 1, 2023.Nexi S.p.A. (BIT:NEXI) completed the acquisition of 30% stake in Computop Paygate Gmbh from Frank Arnoldt and Ralf Gladis on January 1, 2023. Announcement • Jun 21
Nexi S.p.A. to Report Q2, 2023 Results on Aug 01, 2023 Nexi S.p.A. announced that they will report Q2, 2023 results on Aug 01, 2023 Reported Earnings • Mar 09
Full year 2022 earnings released Full year 2022 results: Revenue: €5.43b (up 81% from FY 2021). Net income: €132.3m (up 163% from FY 2021). Profit margin: 2.4% (up from 1.7% in FY 2021). Revenue is expected to decline by 5.5% p.a. on average during the next 3 years, while revenues in the IT industry in Europe are expected to grow by 1.6%. Announcement • Feb 09
Nexi S.p.A. to Report Fiscal Year 2022 Results on Mar 06, 2023 Nexi S.p.A. announced that they will report fiscal year 2022 results on Mar 06, 2023 Buying Opportunity • Dec 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be €9.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 7.4%. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings is also forecast to grow by 34% per annum over the same time period. Announcement • Dec 02
Monte Titoli S.p.A. and MTS S.p.A. completed the acquisition of Technology businesses related to capital markets activities of Nexi S.p.A. Monte Titoli S.p.A. and MTS S.p.A. signed an agreement to acquire Technology businesses related to capital markets activities from Nexi S.p.A. (BIT:NEXI) for €57 million on June 14, 2022.The deal is subject to customary closing adjustments, customary approvals from the competent authorities and completion of the union consultation procedure. The deal is expected to close in the second half of 2022. KPMG Advisory S.p.A. acted as financial advisor and Chiomenti Studio Legale acted as legal advisor to Nexi.
Monte Titoli S.p.A. and MTS S.p.A. completed the acquisition of Technology businesses related to capital markets activities of Nexi S.p.A. on December 1, 2022. As of December 1, 2022, the transaction has received approvals from the competent authorities and the union consultation procedure has been completed. Reported Earnings • Aug 03
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €48.9m from profit in 1H 2021). Profit margin: (down from 5.3% in 1H 2021). Over the next year, revenue is expected to shrink by 25% compared to a 5.9% decline forecast for the industry in Austria. Buying Opportunity • Jun 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be €11.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 36%. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings is also forecast to grow by 59% per annum over the same time period. Buying Opportunity • May 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 28%. The fair value is estimated to be €11.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 36%. For the next 3 years, revenue is forecast to grow by 8.2% per annum. Earnings is also forecast to grow by 34% per annum over the same time period. Buying Opportunity • Apr 12
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 33%. The fair value is estimated to be €11.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings is also forecast to grow by 35% per annum over the same time period. Reported Earnings • Mar 12
Full year 2021 earnings: Revenues exceed analyst expectations Full year 2021 results: Revenue: €3.00b (up 81% from FY 2020). Net income: €50.3m (down 61% from FY 2020). Profit margin: 1.7% (down from 7.8% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 28%. Over the next year, revenue is forecast to grow 11% while the industry in Austria is not expected to grow. Buying Opportunity • Mar 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be €13.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last year. Earnings per share has grown by 41% over the last year. Announcement • Aug 05
Nexi S.p.A. (BIT:NEXI) signed a Memorandum of Understanding to acquire 51% stake Merchant acquiring business from Alpha Bank S.A. for approximately €190 million. Nexi S.p.A. (BIT:NEXI) signed a Memorandum of Understanding to acquire 51% stake Merchant acquiring business from Alpha Bank S.A. for approximately €190 million on August 3, 2021. As per the transaction, Nexi S.p.A. will pay €157 million cash consideration reflecting an Enterprise Value (EV) of €307 million plus an earn-out up to €30.6 million (corresponding to an overall amount of €60 million for 100% EV), contingent on the achievement of certain financial targets of NewCo within its first four years of operations. Nexi S.p.A. will finance the Transaction entirely through existing cash resources. The transaction is subject to Nexi S.p.A. and Alpha Bank S.A. agreeing upon and finalizing the long-form contractual documentation of the Transaction and obtaining all applicable corporate and regulatory approvals and consents and is expected to close in Q1 2022. Deutsche Bank AG, London Branch acted as financial advisor, Akin Gump Strauss Hauer & Feld LLP, M. Psylla - V. Vizas - G. Katrinakis Law Firm and Zepos & Yannopoulos Law Firm acted as legal advisor and PricewaterhouseCoopers Business Solutions SA is acting as technical and operational advisor to Alpha Bank. Mediobanca Banca di Credito Finanziario S.p.A., HSBC Holdings plc and Axia Ventures Group Ltd. acted as financial advisors and Bonelli Erede Pappalardo Studio Legale, Koutalidis Law Firm and Legance - Avvocati Associati acted as legal advisors to Nexi S.p.A. Reported Earnings • Aug 03
First half 2021 earnings released: EPS €0.047 (vs €0.052 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €915.9m (up 39% from 1H 2020). Net income: €48.9m (up 49% from 1H 2020). Profit margin: 5.3% (up from 5.0% in 1H 2020). The increase in margin was driven by higher revenue. Announcement • Mar 05
Nexi S.p.A. Appoints Bo Nilsson and Stefan Goetz as New Directors The Shareholders' meeting of Nexi, convened in extraordinary session chaired by Michaela Castelli, resolved in favor of the cross-border merger by incorporation of Nets Topco 2 S.à r.l. with and into Nexi S.p.A. of the Issuers' Regulation for the purposes of the mandatory tender offer exemption. The Shareholders' meeting in ordinary session also resolved on date upon the increase of the number of directors of Nexi from 13 to 15 with consequent appointment of Bo Nilsson and Stefan Goetz as new directors, all with effectiveness conditional upon consummation of the Merger. Is New 90 Day High Low • Feb 17
New 90-day high: €16.65 The company is up 9.0% from its price of €15.24 on 18 November 2020. The Austrian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.83 per share. Reported Earnings • Feb 13
Full year 2020 earnings released The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €1.65b (flat on FY 2019). Net income: €128.7m (up 261% from FY 2019). Profit margin: 7.8% (up from 2.2% in FY 2019). Announcement • Nov 13
Nexi Extends $8 Billion Nets Merger Talks Nexi S.p.A. (BIT:NEXI) has extended its exclusive merger talks with Nets A/S to November 16, 2020 it said as it reported third-quarter earnings that beat expectations. Nexi entered the exclusive discussions in early November 2020 over a potential $8 billion deal, which would follow an agreement struck with Milan-based SIA just a month ago for a multi-billion merger to create an Italian champion. Nexi had initially said the talks over an all-share merger with Nets, announced on November 2, 2020 would last 10 days. But it extended that deadline on November 11, 2020, saying its board acknowledged progress had been made and was fully behind the transaction. Announcement • Nov 10
Nexi S.p.A. to Report Q3, 2020 Results on Nov 11, 2020 Nexi S.p.A. announced that they will report Q3, 2020 results on Nov 11, 2020 Announcement • Nov 03
Italian Fintech Nexi in Talks to Take over Danish Rival Nets Italian payment services provider Nexi SpA (BIT:NEXI) said on November 02, 2020 that it has begun a ten-day period of exclusive talks with the aim of agreeing an all-share tie-up with Danish rival Nets A/S, which is controlled by US private equity firm Hellman & Friedman LLC. The potential deal would create synergies of about EUR 150 Million ($ 174.6 Million) and would be significantly accretive to earnings per share, Nexi said. The target business booked adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) of EUR 400 Million on revenue of around EUR 1 Billion in 2019, according to the filing. A final agreement is yet to be reached, which will then need to be approved by both parties' shareholders. Nexi's takeover of Nets could be worth about $10 Billion (EUR 8.6 Billion), with the Italian fintech firm having beaten competition from US bidder Global Payments Inc. (NYSE:GPN), Reuters reported earlier citing four insiders. Announcement • Nov 02
Nexi Reportedly Leads Race for $10 Billion Nets Takeover Nexi S.p.A. (BIT:NEXI) is leading negotiations to buy Nordic rival Nets A/S in an all-stock deal worth about $10 billion after trumping competition from Global Payments Inc. (NYSE:GPN), four sources told Reuters. The deal would transform Nexi, which has a market value of EUR 8.4 billion ($9.93 billion), into a European payments powerhouse, allowing it to build a footprint in key regions such as the Nordics and Central and Eastern Europe. U.S. private equity firm Hellman & Friedman, which took control of Nets in 2017 and subsequently delisted it from the Copenhagen stock exchange, is working with Credit Suisse on the sale and wants to clinch a deal by the end of the year, two of the sources said, speaking on condition of anonymity as the matter is confidential. The sources said Nexi, advised by Centerview Partners, was waiting for market volatility to ease in November after the U.S. presidential election before entering a binding agreement with Nets. They added that any takeover of Nets wouldn’t endanger Nexi’s ongoing merger with Italian rival SIA - a deal announced on Oct. 5 and expected to close by the summer of 2021. Global Payments dropped out of the process after the sale of its $2 billion Netspend unit was pulled earlier this week, two of the sources said. Nexi, Hellman & Friedman and Global Payments declined to comment while Nets was not immediately available. Is New 90 Day High Low • Oct 27
New 90-day low: €14.08 The company is down 5.0% from its price of €14.87 on 29 July 2020. The Austrian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.48 per share. 
