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.

 

Write to Ed Frankl at edward.frankl@dowjones.com

 

(END) Dow Jones Newswires

February 16, 2022 02:49 ET (07:49 GMT)

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