Singapore's GIC sells 2.5% stake worth $183m in Italian payments firm Nexi

Singapore's GIC sells 2.5% stake worth $183m in Italian payments firm Nexi

FILE PHOTO: A signage of Singapore's sovereign wealth fund GIC is pictured at their office in Singapore July 13, 2023. REUTERS/Edgar Su/File Photo

Singapore’s sovereign fund GIC has sold a 2.5% stake in Italian payments company Nexi at 5.83 euros each, the ANSA news agency reported on Thursday.