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The Poste Italiane has finalised its acquisition of LIS Holding (LIS) from International Game Technology (IGT). The investment amounted to EUR 700 million paid for the acquisition of 100% of the shares, including conventional net unrestricted cash of EUR 70 million.
As a long-standing partner of Poste Italiane, LIS built up a proprietary pay tech platform and now runs a network of almost 54,000 affiliated points of sale in the Italian proximity payment market.
The portfolio complies services as bill payments, prepaid payment cards, telco & e-vouchers top-ups as well as merchant and enterprise service solutions. Read more
Source: ITJ
