Lottomatica approves CIRSA merger plan with $831 million shareholder payout
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The boards of Lottomatica Group and CIRSA Enterprises have approved a common merger plan under which Lottomatica will absorb CIRSA, with the combined group targeting annual revenues exceeding €4.5 billion ($5.03 billion) and a €744 million ($831.43 million) shareholder capital return following comp…
The boards of Lottomatica Group and CIRSA Enterprises have approved a common merger plan under which Lottomatica will absorb CIRSA, with the combined group targeting annual revenues exceeding €4.5 billion ($5.03 billion) and a €744 million ($831.43 million) shareholder capital return following completion. The merger plan formalizes the proposed combination first announced on September 2, 2026....