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PostePay to purchase IGT’s Italian commercial payment business for €700m

SBC News PostePay to purchase IGT’s Italian commercial payment business for €700m

IGT has announced the sale of its Italian proximity payment business from its IGT Lottery subsidiary to PostePay for a total consideration of €700 million.  NYSE-registered IGT will directly sell LIS Holding and indirectly sell LISPAY, the two wholly-owned subsidiaries that constitute and provide its payments operations, which has established a prominent place in Italy. The sale price consists of …

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