The board of directors of Poste Italiane has approved both merger and demerger projects as part of the Post’s ongoing reorganization plan, specifically relating to its Nexive subsidiaries.
This will see Nexive Group and Nexive Servizi incorporated into Poste Italiane.
Nexive Network, which handles postal deliveries, will be partially demerged, along with Nexive Scarl, which handles printing activities.
The reorganization is part of the post’s integration process for Nexive – the acquisition of which was completed at the end of January – within the Poste Italiane Group, as outlined in its 2024 Sustain & Innovate strategic plan.
The transactions will become effective as of October 1, 2021 and will not entail any issuance of new shares or allotment of shares by Poste Italiane, as the sole shareholder of all the companies participating in the mergers and demergers.