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Sale of Italian payments company PagoPA to mint and Poste hits valuation snag, sources say

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  A dispute over valuation is complicating Italy's plan to sell PagoPA, which handles digital payments to the public administration, to the state mint and financial conglomerate Poste Italiane , two sources close to the matter said.


The sale of a majority stake in Italy's state-owned payments company, PagoPA, has encountered a valuation dispute, causing delays in the process, according to sources cited by Reuters on April 22, 2025. PagoPA, which facilitates digital payments to and from public administrations, was expected to be sold to a consortium led by Poste Italiane and private equity firm F2i, with an initial valuation set at around 1 billion euros. However, disagreements over the valuation have emerged, with potential buyers valuing the company at a lower figure, leading to stalled negotiations. The Italian government, keen on privatizing state assets, is now considering alternative strategies, including retaining a larger stake in PagoPA or seeking other investors, to move forward with the sale.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/sale-italian-payments-company-pagopa-mint-poste-hits-valuation-snag-sources-say-2025-04-22/ ]