Lottomatica and CIRSA approve merger plan with €744m capital return
Lottomatica Group and CIRSA Enterprises have approved a plan for Lottomatica to absorb CIRSA, the companies announced. CIRSA shareholders would receive 0.668 Lottomatica shares for each share exchanged and an extraordinary dividend of €1.56 per share, totalling about €262 million; after completion, Lottomatica intends to propose a further €744 million capital return. The merger remains subject to regulatory approvals and shareholder votes expected by the end of November 2026.
The proposed combination would reshape two gambling groups and remains conditional on regulatory and shareholder approval.