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Merkur Casino sells Lowestoft bingo club to Real Fun Group

Deals & M&A

Merkur Casino completed the sale of its bingo club in Lowestoft, England, to Real Fun Group. The buyer said it will rename the venue Apollo Bingo Lowestoft; Merkur said the sale supports its focus on core operations.

The transaction changes ownership and branding of a bingo venue in England.

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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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