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Intesa Sanpaolo, Nextalia to Create Education Company

   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)

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