Apollo completes $6.3bn acquisition of IGT gaming business and Everi
Apollo Global Management said it completed its acquisitions of IGT’s gaming and digital business and Everi Holdings after Nevada Gaming Commission approval. The $6.3 billion transaction takes the businesses private; Everi shareholders will receive $14.25 per share in cash, while IGT will receive $4.05 billion in cash proceeds.
The completed transaction combines two gaming suppliers under private ownership and sets their expected integration in motion.