M&AConsumerSIGNED
Lottomatica to Acquire Cirsa in €13.2 Billion Gaming Sector Deal
Value
€13.2Bn
Acquirer
Lottomatica
Target
Cirsa
Italian group Lottomatica has agreed to absorb Spanish gaming and sports betting operator Cirsa, creating what is described as a "world-leading operator of betting." The transaction is valued at €13.2 billion, with Cirsa's shares being acquired through an exchange of shares plus an extraordinary dividend.
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