Banijay Group / Banijay Gaming / Tipico Group, including Admiral Austria
Completed · Confirmed by · Announced
Transaction
- Buyer
- Banijay Group / Banijay Gaming
- Target
- Tipico Group, including Admiral Austria
- Consideration
- €4.6bn agreed Tipico enterprise value; combination with Betclic · Banijay Group
€4.6bn is the agreed enterprise value of Tipico, not cash paid for the stake. · Banijay Group, Banijay Group
Banijay's 65% ownership refers to combined Banijay Gaming; it is not the percentage of Tipico shares newly purchased. · Banijay Group, Banijay Group
Founders rolled their interests into the combined group; no group pro forma EBITDA is used as standalone Tipico EBITDA. · Banijay Group, Banijay Group
Timeline
- Confirmed by · Completed · Banijay Group
- · Announced · Banijay Group
Sources
- Banijay Group: Banijay agrees majority investment and combination with Tipico ·
- Banijay Group: Banijay completes Tipico acquisition ·
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