Italy's Poste swaps its holding in Nexi with CDP's stake in Telecom Italia
Published by Global Banking & Finance Review®
Posted on February 15, 2025
1 min readLast updated: January 26, 2026

Published by Global Banking & Finance Review®
Posted on February 15, 2025
1 min readLast updated: January 26, 2026

Poste Italiane swaps its Nexi shares with CDP for a stake in Telecom Italia, aiming to create strategic synergies in Italy's telecom market.
ROME (Reuters) - State-backed financial conglomerate Poste Italiane has decided to buy the stake in Telecom Italia (TIM) held by state lender Cassa Depositi e Prestiti (CDP), it said in a statement on Saturday.
In offloading its 9.8% TIM shareholding to Poste, CDP will buy Poste's 3.78% stake in Italian payments group Nexi.
Poste offers phone services through its Poste Mobile unit.
"The operation represents an investment of a strategic nature, with the aim of creating synergies between the companies and favouring, with all the players involved, the consolidation of the telecommunications market in Italy," Poste said in a statement.
(Reporting by Giselda Vagnoni, editing by Deepa Babington)
The article discusses Poste Italiane's acquisition of Telecom Italia shares from CDP, involving a swap with Nexi shares.
The deal is strategic, aiming to create synergies and consolidate the telecommunications market in Italy.
The companies involved are Poste Italiane, Telecom Italia, Cassa Depositi e Prestiti, and Nexi.
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