Italy's Poste swaps its holding in Nexi with CDP's stake in Telecom Italia
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 15 2025
0mins
Source: Reuters
Poste Italiane Acquires Telecom Italia Stake: Poste Italiane has decided to purchase a 9.8% stake in Telecom Italia from state lender Cassa Depositi e Prestiti, while CDP will acquire Poste's 3.78% stake in Nexi.
Strategic Investment for Market Consolidation: The transaction aims to create synergies between the companies and promote consolidation within Italy's telecommunications market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
