Italy's Treasury agrees to sell digital payments unit PagoPA to Poste Italiane [Yahoo! Finance]
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Source: Yahoo! Finance
To address objections from both banks and Italy's antitrust authority, the agreement allocates 51% of PagoPA to the state mint, with the remaining 49% going to Poste Italiane. According to Reuters, the valuation comprises variable components and future payments, though the mint did not provide additional specifics. Earlier this year, PagoPA encountered disagreements over its valuation in the planned sale to Poste Italiane. In recent months, Italian banks have expressed concerns that the sale could intensify competition in the digital payments sector, particularly for smaller lenders. Sources previously informed Reuters that banks had expressed worries to the Treasury that Poste Italiane could leverage PagoPA to further strengthen its position in the digital payments sector, where it already holds a notable presence, potentially increasing competition with banks. Banks in Italy are said to be facing increasing competition in payments from global technology companies such as
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News
- PayPal (NASDAQ:PYPL) was given a new $75.00 price target on by analysts at Mizuho.MarketBeat
- Italy sells digital payment unit PagoPA to Poste, state mint for up to 500 million euros [Yahoo! Finance]Yahoo! Finance
- PayPal (NASDAQ:PYPL) had its "buy" rating reaffirmed by analysts at Jefferies Financial Group Inc..MarketBeat
- PayPal: Is The ILC Bank Charter A Strategic Upgrade - Or A Value Trap? [Seeking Alpha]Seeking Alpha
- ??????·??·?·???????2032??1?3,057???????????? [CNET News]CNET News
PYPL
Earnings
- 10/28/25 - Beat
PYPL
Sec Filings
- 12/16/25 - Form 4
- 12/16/25 - Form 4
- 12/1/25 - Form 4
- PYPL's page on the SEC website