A PYMNTS Company

Italy’s Tinexta Says They Are Not Interested In Merger  

By  |  January 4, 2022

Italian digital services group Tinexta announced on Tuesday, January 4, it was not interested in a deal with debt servicing firm Prelios after Il Messaggero newspaper reported the companies were looking to merge.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    According to Reuters, Il Messaggero reported negotiations with Prelios were at a preliminary phase.

    Tinexta, which provides services including electronic invoicing and digital signatures, said in a statement it was still “always interested in evaluating various strategic opportunities.”

    The group, which is controlled by some Italian chambers of commerce, confirmed it was committed “to pursue deals capable of increasing value for all shareholders.”

    CEO Pier Andrea Chevallard said in an interview with Reuters in October that the group targeted digital services or advisory companies outside of Italy.

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.