Apollo-managed funds / IGT Gaming & Digital business and Everi Holdings, Inc.
Completed · Confirmed by · Announced
Transaction
- Buyer
- Apollo-managed funds
- Target
- IGT Gaming & Digital business and Everi Holdings, Inc.
- Consideration
- Approx. $6.3bn combined transaction value; all cash · Apollo / Everi, Apollo / IGT / Everi
One combined transaction record prevents double counting the $6.3bn headline against its component acquisitions. · Apollo / Everi, Apollo / IGT / Everi
The reviewed issuer release calls this combined transaction value without expressly labelling the $6.3bn as enterprise or equity value. · Apollo / Everi, Apollo / IGT / Everi
IGT's lottery business was outside the acquired perimeter. · Apollo / Everi, Apollo / IGT / Everi
Timeline
- Confirmed by · Completed · Apollo / Everi
- · Announced · Apollo / IGT / Everi
Sources
- Apollo / IGT / Everi: IGT Gaming and Everi to be acquired by Apollo Funds ·
- Apollo / Everi: Apollo Funds complete IGT Gaming and Everi acquisitions ·
Latest source: