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Clarion Gaming and Gn Media partner on ICE and Italian Gaming Exhibition

Deals & M&A

Clarion Gaming and Gn Media announced a long-term partnership linking ICE Barcelona and the Italian Gaming Exhibition. The companies said their programme would include year-round content, campaigns and operator connections, with the stated aim of increasing Italian participation at ICE and international participation in Italy. They launched the partnership at an event in Rome on 4 November.

The partnership creates a year-round commercial programme connecting two gaming exhibitions and their operator audiences.

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Deals & M&A

Capula takes €65 million positions in CIRSA-Lottomatica merger

Capula Investment Management has taken positions in CIRSA and Lottomatica ahead of their proposed merger, reportedly seeking to benefit from a difference in their share prices and the exchange value. Its declared CIRSA exposure is about €30 million, while its short position in Lottomatica is valued at about €35 million; the integration is planned for Q2 2027, subject to approvals.

Capula Investment Management has reportedly taken positions in CIRSA and Lottomatica ahead of their planned merger. The arbitrage strategy seeks to benefit from differences between the companies' share prices and the value resulting from the deal.

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