Merkur moves to take control of French casino operator
For the deal to close, it still requires regulatory approval, including from the French Ministry of Interior.
For the deal to close, it still requires regulatory approval, including from the French Ministry of Interior.
The investor will hold around 31.6% of Evolution following settlement, with its wider financial exposure equivalent to approximately 33.8% of the supplier’s shares.
The merger remains subject to regulatory approvals and is expected to complete later this year.
PSE halts trading pending additional disclosures on PhilWeb's strategic investment in JKS Tech Solutions.
Cirsa currently generates around 13% of its EBITDA online, compared with more than 65% at Lottomatica, leaving the Italian operator targeting digital expansion across Spain and other markets.
The two US-based suppliers are adding loyalty technology, electronic roulette products and manufacturing capacity as gaming-sector M&A activity continues across the Americas.
GiG Software is returning to B2C with its planned acquisition of 888Africa, betting on Africa’s growth potential despite the region’s regulatory uncertainty.
LVS increased its ownership in Sands China to 75.01% after purchasing 1.62 million shares.
The combined operator is expected to become the second-largest listed gaming and sports betting group globally, with around €115m in annual run-rate synergies targeted within three years.
Disposal forms part of the operator's ongoing asset monetisation programme.