Enel / Mooney 2021
Enel acquired Mooney for $1.6B on December 23, 2021.
- Target
- Mooney
- Acquirer
- Enel
- Deal value
- $1.6B
- Announced
- December 23, 2021
- Sub-sector
- Payments
Transaction overview
- Enel announced the acquisition of Mooney on December 23, 2021 for $1.6B.
- The deal is expected to close pending customary conditions.
Strategic rationale
Enel acquires majority stake in Italian payments platform to expand digital banking and open banking services including wealth management and insurance.
Deal terms & multiples
Frequently asked questions
How much did Enel pay for Mooney?
Enel acquired Mooney for $1.6B, announced on December 23, 2021.
When did Enel announce the acquisition of Mooney?
Enel announced the acquisition of Mooney on December 23, 2021.
What sub-sector is Mooney in?
Mooney is tracked in the Payments sub-sector.
Sources
- katcountry989.com /2021/12/23/enel-teams-up-with-intesa-sanpaolo-for-italy-payments-firm-mooney/