Intralot-Bally’s transaction completed in a market worth 200 billion euros

The time aft the completion of the Intralot – Bally’s woody leads to the instauration of a planetary champion successful the lottery and iGaming industries with enhanced economies of scale, differentiated and highly complementary products successful the B2G, B2B and B2C sectors.

In summary, under the transaction, Intralot acquired Bally’s International Interactive from its genitor institution Bally’s Corporation  at a valuation of 2.7 cardinal euros. The sanction of the caller institution will beryllium announced successful the adjacent aboriginal and according to accusation it will surely see some firm protagonists, Intralot and Bally’s.

According to the terms of the transaction, the information to Bally’s consisted of 1.530 cardinal euros successful currency and 1.136 cardinal euros successful recently issued Intralot shares (873,707,073 shares, astatine an contented terms of 1.30 euros per share).

Combined with Bally’s Corporation’s pre-existing information successful Intralot’s stock superior of 207,534,878 shares, Bally’s Corporation present holds astir 58% of Intralot’s total stock capital, becoming the bulk shareholder of the company, which will proceed to beryllium listed connected the Athens Stock Exchange.

The announcement of the completion of the acquisition of Bally’s International Interactive by Intralot was made 1 time aft the listing of Intralot’s caller shares, owed to the summation successful the company’s stock capital, which fundamentally completed the financing rhythm (bond, debt, stock superior increase) for this specific transaction.

The completion of the transaction was made imaginable thanks to the successful implementation of the extended financing bundle of the acquisition and the fulfillment of the required firm and regulatory approvals, arsenic well arsenic the fulfillment of different ceremonial conditions.

A transaction which, according to the absorption of the Greek company, combines Bally’s International Interactive’s enactment with Intralot’s planetary enactment successful the lottery and iGaming sectors, giving the caller institution a important pb successful a imaginable marketplace estimated to attack 200 cardinal euros worldwide by 2029.