Oct 05, 2020 / 06:30AM GMT
Operator
Good morning. This is the Chorus Call conference operator. Welcome, and thank you for joining Nexi's conference call Creating a Fully Integrated European PayTech Leader. (Operator Instructions)
At this time, I would like to turn the conference over to Mr. Paolo Bertoluzzo, CEO of Nexi. Please go ahead, sir.
Paolo Bertoluzzo - Nexi S.p.A. - CEO, GM & Director
Good morning to everybody. This is Paolo. I'm here with, as usual, Bernardo Mingrone, our CFO; Stefania Mantegazza, in charge for Investor Relations; and a few other members of our team. We're very sorry for this last-minute call, but I'm sure you understand how it works in these situations.
Today, we are announcing the combination of Nexi with SIA. We have signed tonight -- actually last night a memorandum of understanding which defines the key terms and conditions of this combination. This is a very powerful combination between 2 companies that are, even separately, strong companies, strong payment players, but also very complementary. And this is the reason why we believe it is a
Nexi S.p.A., SIA S.p.A. - M&A Call Transcript
Oct 05, 2020
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