But for now, London’s interest in this story is mainly about the teams at private equity firms Advent International Plc, Bain Capital and Hellman & Friedman that have led the growth of Nexi and Nets. He previously worked for Reuters Breakingviews, as well as the Financial Times and the Independent newspaper.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. Morningstar | A Weekly Summary of Stock Ideas and Developments in the Companies We Cover, Discover new investment ideas by accessing unbiased, in-depth investment research, Other OTC - Other OTC Delayed Price. Price Currency Volume Trade Value Trade type Trade flag MIC ; 18.02.21 : 16:17:26 : 15.50 : EUR : 850 : 13,175.00 : Off-Book - SINT : 18.02.21 : 16:17:26 : 15.51 : EUR : 150 : 2,325.75 : Off-Book - SINT : 18.02.21 : 16:05:07 : 15.47 : EUR : 144 : 2,226.96 : Off-Book - SINT : 18.02.21 : 16:05:07 : 15.47 : EUR : 256 : 3,960.32 : Off-Book - SINT : 18.02.21 : 15:58:04 : 15.45 : EUR : 1,000 : 15,450.00 : Off-Book - … French rival Worldline SA, which agreed to buy domestic peer Ingenico SA earlier this year, is likewise worth around 20 billion euros. Buyout firms will still own a significant minority holding in Nexi after its recent transactions and they have agreed to lengthy lockups.For all of the activity, the European payment market remains fragmented. Find market predictions, NEXI financials and market news. All three companies increased the size of their deals and priced their stocks at the top end of the ranges they had told investors to expect. Lots of smaller deals by these various companies have created what now appears to be a neatly concentrated listed sector. The major U.K., French and Spanish banks sit on platforms that would make logical disposal candidates at the right price. Assume that diluted the original private equity owners to an 80% holding and their share of the value from a Nexi tie-up would be worth around 4.3 billion euros. Before it's here, it's on the Bloomberg Terminal. The emergence of sizeable European payments firms has arguably been a missed opportunity for the likes of Barclays Plc, Lloyds Banking Group Plc and Natwest Group Plc, the original owner of Worldpay, now part of Fidelity National Information Services Inc. Worldpay could have chosen to be a European consolidator, but instead pivoted to the U.S. and global e-commerce, and was soon gobbled up.Barclays’s payments assets could potentially be a platform on which to build. Get the latest Nexi SpA (NEXI) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. View recent trades and share price information for Nexi SpA NPV. That Pricey Nets Buyout Now Looks Like a Bargain in Potential Nexi Deal, Nexi Is Said to Pursue Nets in New Blockbuster Payments Play, Nexi to Buy SIA in $5.3 Billion Deal to Form Payment Giant, Preliminary Results from NexImmune’s Phase 1/2 Trial of NEXI-001 in AML Presented at 62nd ASH Annual Meeting and Exposition, NexImmune to Highlight Preliminary Results from Phase 1/2 Trial of NEXI-001 via Oral Presentation at 62nd ASH Annual Meeting, First Patient Dosed in NexImmune Phase 1/2 Clinical Trial of NEXI-002 in Multiple Myeloma, Open Banking: Partnership between Ebury and Nexi, NexImmune Completes Dosing of First Cohort in Phase 1/2 Clinical Trial of NEXI-001 in Relapsed Acute Myelogenous Leukemia (AML, Istituto Centrale delle Banche Popolari Italiane SpA. S&P 500. Still, the equity in the original buyout was just 2.7 billion euros, a Nets bondholder presentation suggests. The all-time high NexImmune stock closing price was 25.33 on February 12, 2021 . He previously worked for Reuters Breakingviews, as well as the Financial Times and the Independent newspaper.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. (Bloomberg Opinion) -- It looked like proof that private equity had more money than sense — a pricey $6 billion consortium deal for Nordic payments group Nets A/S led by Hellman & Friedman in late 2017. If no other money has gone in or out since, the annualized returns would be running in the high-teens percent.Those gains partly reflect the fact that Hellman & Friedman is selling Nets on a higher multiple of profit than it originally paid. That suggests its main constraint to doing more deals will be the demands on management rather than financial firepower.The valuations available for selling payments assets continue to advance. 31,832.74. 2 Merger. The NexImmune 52-week low stock price is 20.16 , which is 12.3% below the current share price. Market capitalization of Nexi (NEXI.MI) Market cap: $11.12 B As of March 2021 Nexi has a market cap of $11.12 B.This makes Nexi the world's 1389th most valuable company by market cap according to our data. If you are looking for stocks with good return, Nexi S.p.A can be a profitable investment option. How has the Nexi SpA share price performed this year? No buyout baron should ever bet on achieving that. Its overhaul of the business isn’t immediately apparent in revenue and Ebitda numbers that look barely changed from 2017. 13,073.82. Earnings Announcement for Period Ending Q1/2021. The latest Nexi SpA NPV share price. Over the last year, Nexi Spa share price has been traded in a range of 5.8125, hitting a high of 18.0775, and a low of 12.265. But you can significantly boost your returns by picking above-average stocks. View the latest NexImmune Inc. (NEXI) stock price, news, historical charts, analyst ratings and financial information from WSJ. Nexi Group; Press Release; Financial Calendar; Financial Results; Conferences & Presentations; Financial Statements; Bond; Analysts; Share Capital & Shareholders ; Shareholders' Meetings ; Articles of Association [pdf] IPO; Contacts Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. With Nexi SpA inking its agreement to buy Nets S/A over the weekend, the European sector now looks to be coalescing around two players, one French and one Italian. Nexi’s pro-forma leverage, while high on a snapshot basis at over three times Ebitda, is expected to fall to 2-2.5 times Ebitda in 2022. Nets bought another payments group, Concardis, for stock in 2019. (Bloomberg Opinion) -- Mashing together the plumbing of the payments industry has provided a steady stream of deals for bankers. Even so, the reality is that listed payments groups trade on stronger profit multiples now than they did three years ago. The firm has partnerships with about 150 Italian banks and has a 60 percent market share in card issuing. The realization of the touted financial benefits of a Nexi merger — an unitemized 150 million euros annually — would provide some extra uplift. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to mesure how much a company is worth. Share Price vs. Fair Value Below Fair Value : NEXI (€14.3) is trading above our estimate of fair value (€8.13) Significantly Below Fair Value : NEXI is trading above our estimate of fair value. 26/12/2020 06:12:25 1-888-992-3836 Free Membership Login On that basis, Nets would be worth around 7.2 billion euros ($8.4 billion) assuming its roughly 400 million euros of Ebitda last year has held firm. But the temptation to cash in at these levels will remain strong. The payments M&A merry-go-round spinning for a while yet.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Chris Hughes is a Bloomberg Opinion columnist covering deals. Without this re-jigging, Nets would have arguably been a less desirable partner, too narrow in its services and its geographical presence.The final returns will emerge over time whenever the consortium chooses to sell down. Buy NEXI SPA shares (ISIN: IT0005366767) on the Vienna Stock Exchange - current price, chart, news and historical data for NEXI SPA. Leverage amplifies the effect.Did Hellman & Friedman add any value itself? Assume that diluted the original private equity owners to an 80% holding and their share of the value from a Nexi tie-up would be worth around 4.3 billion euros. As things stand, Healy looks set to claim vindication.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Chris Hughes is a Bloomberg Opinion columnist covering deals. All rights reserved. Currency in USD, Trade prices are not sourced from all markets. Nexi and Fidelity National have gone from trading at mid-teens multiples of forecast Ebitda to almost 20 times in the last year.Vendors will be increasingly wary of risking looking like fools for selling assets at prices that look too cheap later. Deduct net debt and the equity is then worth around 5.4 billion euros.The Hellman & Friedman consortium wouldn’t get all that value. Access detailed information about the Nexi SpA (NEXII) Share including Price, Charts, Technical Analysis, Historical data, Nexi Reports and more. Price trends tend to persist, so it's worth looking at them when it comes to a share like Neximmune Inc. Over the past six months, the relative strength of its shares against the market has been %. Nexi S.p.A quote is equal to 16.100 EUR at 2020-12-15. Its own multiple was nearly 18 times as of Friday but has been higher in recent months. Get today's Nexity stock price and latest NEXI news as well as Nexity real-time stock quotes, technical analysis, full financials and more. Simply Wall St September 22, 2020. The average NexImmune stock price for the last 52 weeks is 23.95 . View the latest Nexi S.p.A. (NEXI) stock price, news, historical charts, analyst ratings and financial information from WSJ. Growing share price and strong valuation would justify the all-share merger and allow Nexi to benefit from the deal structure. 6,730.34. Public-market investors in Nets will be wondering if they shouldn’t have sold. But it didn’t feel that way at the time, and it’s not clear they would have endorsed the strategy and leverage that private equity brought to bear here. The total size of the offering was $110,007,000 based on an initial share price of $17.00. The NexImmune 52-week high stock price is 28.00 , which is 21.7% above the current share price. Latest Nexi SpA (NEXI:MIL) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. Subscribe to Premium to view Fair Value for NEXPF. NASDAQ. Talis's stock took off. It’s not easy for them to commit capital to these operations and lead expansion by acquisition.So there’s probably no shortage of available transactions to fuel continued expansion at Nexi and Worldline — or even a fresh roll-up vehicle. But this is probably only the end of the beginning for consolidation.Nexi’s combination with private-equity-owned Nets, plus its recent deal to buy SIA in Italy, will create a company with an enlarged market value implicitly north of 20 billion euros ($24 billion). Bid Price Offer Price High Price Low Price Open Price; 14.655: 14.67: 14.84: 14.53: 14.59 Nexi (BIT:NEXI) Shareholders Have Enjoyed A 74% Share Price Gain. Free forex prices, toplists, indices and lots more. Nexi SpA,NEXI,ISIN: IT0005366767 - view the latest price,charts and performance information at AJ Bell Youinvest © 2021 Verizon Media. Nexi (NEXI) stock price, charts, trades & the US's most popular discussion forums. Average Share Price and Price Target by Month. But the private equity owners added capabilities Nets lacked, in mobile payments and analytics, and expanded its footprint with the acquisition in Germany. At the current price of $18.69, shares in Neximmune Inc are trading at -20.4% against their 200 day moving average. But that doesn’t mean the dealmaking is over.The U.K. has been oddly left out of the action despite London being Europe’s financial center. NEXI Consensus Price Target: $35.00: N/A: N/A: N/A: NEXI Price Target Upside: 49.44% upside: N/A: N/A: N/A: NexImmune (NASDAQ:NEXI) Consensus Price Target History. Passive investing in index funds can generate returns that roughly match the overall market. NEXI:BrsaItaliana Stock Quote - Nexi SpA - Bloomberg Markets. Based on our forecasts, a long-term increase is expected, the "NEXI" stock price prognosis for 2025-12-05 is 42.498 EUR. FTSE 100. During the company's quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. 3,875.44. NEXI S.P.A. share price in real-time (A2PF9H / IT0005366767), charts and analyses, news, key data, turnovers, company data. DJIA. Payments M&A Has Just Barely Begun With Nexi's Nets Takeover, Nexi CEO Says Focus Remains Europe After Nets Deal, Nexi Buys Nets in $9.2 Billion Deal to Create Payment Giant. When autocomplete results are available use up and down arrows to review and enter to select. Sorry, no quarterly data is available at this time. The transaction may yet prove the naysayers wrong.At the time, Hellman & Friedman Chief Executive Officer Patrick Healy told the Financial Times the buyout firm had paid more than it wanted to, but “that’s what was required to get the deal done.” Three years on and Italian payments peer Nexi SpA is in talks to buy Nets in exchange for a stake in the enlarged company, taking it public for the second time in five years.Nexi says it would value Nets on an equivalent multiple of 2020 expected Ebitda.