Italy’s Tinexta Says They Are Not Interested In Merger  

Italian digital services group Tinexta announced on Tuesday, January 4, it was not interested in a deal with debt servicing firm Prelios after Il Messaggero newspaper reported the companies were looking to merge.

According to Reuters, Il Messaggero reported negotiations with Prelios were at a preliminary phase.

Tinexta, which provides services including electronic invoicing and digital signatures, said in a statement it was still “always interested in evaluating various strategic opportunities.”

The group, which is controlled by some Italian chambers of commerce, confirmed it was committed “to pursue deals capable of increasing value for all shareholders.”

CEO Pier Andrea Chevallard said in an interview with Reuters in October that the group targeted digital services or advisory companies outside of Italy.

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