Rome - Poste Italiane S.p.A. and Cloud Seven Holding Limited have signed a binding framework agreement to strengthen their partnership in the e-commerce market between China and Italy. The framework agreement foresees the acquisition by Poste Italiane of a 51% stake in the voting share capital of Sengi Express Limited, a Cloud Seven Holding Limited company, based in Hong Kong. Sengi Express is market leader in the provision of cross-border logistics solutions for Chinese e-commerce merchants active in Italy, with a pro-forma turnover of approximately €80 million for the full year 2020. The closing of the transaction is expected by the end of the first quarter of 2021. An international company will become part of the Poste Italiane Group, for the first time, contributing to the Group consolidated financial results. (9colonne)