Oracle Capital Chairman Completes MBO

After years of stalling on IPO market, 2019, at last, marked the way for several technology start-ups going public. The EU market greeted the rising star of the payment gateways -- Nexi. The Italian payments company, Nexi, has priced its initial public offering (IPO), valuing the company at €5.7bn (US$6.44bn). The IPO marks one of the largest in Europe for 2019, at €9 ($10.18) per share, Reuters reported. The company runs electronic payments for CartaSi, the credit card operator. Nexi intends to float 35.6% of its shares on the market, which could increase to 40.9% in the event of an overallotment.

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