By Ed Frankl
Intesa Sanpaolo SpA and Milan-based asset manager Nextalia SGR SpA said late Tuesday they had agreed to create a new education, training and digital-learning company.
The Italian bank said it will take a 20% stake in the new company, called Digit'Ed, which will target both the corporate and the consumer segment, while Nextalia will control the company.
Multi-year agreements are to be concluded for the exclusive provision of training products and services to both Intesa Sanpaolo employees and customers, the bank said.
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(END) Dow Jones Newswires
February 16, 2022 02:49 ET (07:49 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.