Italy asks Poste, state mint to revive talks over PagoPA deal


FILE PHOTO: A signboard of Poste Italiane is seen hanging outside a post office in central Rome October 9, 2015. REUTERS/Alessandro Bianchi/File Photo

MILAN (Reuters) -Italy wants state-backed Poste Italiane and the state mint to revive talks to buy PagoPA, the Treasury-owned platform that handles digital payments to the public administration, two sources familiar with the matter said.

Under a plan drafted last year, Poste - which has expanded beyond its core mail and parcels business into financial, broadband and energy supply services - would take a minority stake in PagoPA to bolster its payments business.

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