Intesa sells 584 mln euro Nexi stake at 11% discount
Source: Reuters
Sells for 584 mln euros stake it had bought for 653 mlnShares in Nexi down more than 10%Nexi shares had rallied after Q3 earnings last weekNo P&L impact seen for Intesa, slight capital boostMILAN, Nov 15 (Reuters) - Italy's biggest lender Intesa Sanpaolo (ISP.MI) on Tuesday said it had sold its entire 5.1% stake in Nexi (NEXII.MI), its long-term retailers' payments partner, for 584 million euros ($606…
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