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M&A

Intralot S.A. / Bally's International Interactive business

Completed · Confirmed by · Announced

Transaction

Buyer
Intralot S.A.
Target
Bally's International Interactive business
Stake
100% · Intralot S.A.
Consideration
€2.7bn enterprise value; cash and Intralot shares · Intralot S.A.

1 July was public announcement/board approval; definitive agreement executed 18 July after statutory waiting period. · Intralot S.A., Intralot S.A., Intralot S.A.

Enterprise value is not the same as cash paid. · Intralot S.A., Intralot S.A., Intralot S.A.

Transaction creates a cross-ownership effect: seller becomes majority shareholder of buyer. · Intralot S.A., Intralot S.A., Intralot S.A.

Timeline

  1. Confirmed by · Completed · Intralot S.A.
  2. · Announced · Intralot S.A.

Sources

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