IN Groupe to Take Over Nexi’s e-ID Business

Published: Nov. 9, 2023 at 3:08 a.m. ET

France’s IN Groupe has reached an agreement with Nexi to take over its electronic ID business, as part of plans from the Italian payments company to simplify its portfolio.

The companies said in a joint statement that completion of the transaction, for which they didn’t disclose financial terms, is subject to customary closing conditions.

Write…

By Mauro Orru

France’s IN Groupe has reached an agreement with Nexi to take over its electronic ID business, as part of plans from the Italian payments company to simplify its portfolio.

The companies said in a joint statement that completion of the transaction, for which they didn’t disclose financial terms, is subject to customary closing conditions.

Write to Mauro Orru at mauro.orru@wsj.com


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