Poste, 700 million in cash for Lis digital payments

Listen to the audio version of the article

Poste Italiane relaunches on one of the most effervescent markets of the moment, that of digital payments.

The structure of the operation

Through its subsidiary PostePay, it announced the signing of a binding agreement for the acquisition of 100% of Lis Holding from International Game Technology (Igt) for a total consideration of 700 million, based on an enterprise value of 630 million and a net cash available of 70 million. The acquisition, explains a note, will be financed entirely with cash resources …