Nexi S.p.A., SIA S.p.A. - M&A Call Transcript
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.
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
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