Cirsa shares rise 6.83% after proposed Lottomatica merger
Cirsa shares rose 6.83% in Spain on 7 September after the merger agreement with Lottomatica became known, according to reports. Cirsa shareholders would receive 0.668 new Lottomatica shares for each share held, giving them about 32.5% of the combined company. The merger could take effect in the second quarter of 2027, with Cirsa ceasing to exist as a separate legal entity.
The proposed exchange ratio and timetable give investors key terms for assessing the planned combination.