By SectorWire desk ·
The boards of Lottomatica LTMC · EUR 24.11 2026-10-16 Data and Cirsa approved a joint merger plan for their proposed combination. The agreement provides 0.668 Lottomatica shares for each Cirsa share.
Cirsa shareholders would receive 0.668 Lottomatica shares per share under the merger plan approved by both boards.
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The signed plan sets out CIRSA’s proposed merger into Lottomatica, giving investors a formal agreement following September’s disclosure.
The approved cross-border merger plan sets terms and conditions for absorbing CIRSA into Lottomatica.
Board approvals advance the merger plan setting terms for Lottomatica to absorb CIRSA.
Lottomatica and CIRSA’s merger plan has board approval ahead of November votes, with BDO confirming the exchange ratio’s fairness.
Investors have Morales-Hermo’s favourable assessment that the all-share merger would improve the combined group’s retail and online operations.
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