Lottomatica to Absorb Cirsa in €2.8bn Deal, Creating World’s Second-Largest Listed Gaming Group
Italy’s Lottomatica Group has agreed to acquire Spanish gaming operator Cirsa Enterprises in an all-share merger valued at approximately €2.8 billion, a move set to create one of the largest publicly listed gambling companies in the world. Under the binding agreement announced this week, Cirsa shareholders will receive 0.668 newly issued Lottomatica shares for every […]