Lottomatica outlines €744m capital distribution after Cirsa deal
Lottomatica chief executive Guglielmo Angelozzi said the company plans to seek shareholder approval for a €744m capital distribution by the third quarter of 2027. He said it could take the form of a special dividend, a partial voluntary buy-back of the combined company’s shares, or both; the proposed Cirsa transaction also includes about €115m in cost synergies over three years after closing.
The proposed distribution and synergy target inform investors assessing the terms and expected returns of the Cirsa transaction.