Lottomatica to merge with Spain’s Cirsa in all-share deal
Italian Gaming Group Lottomatica and Cirsa Enterprises have agreed to an all-share merger. The combined entity will retain listings in both Italy and Spain, with Cirsa shareholders receiving 0.668 new shares.
By Dominic ChoppingGaming groups Lottomatica and Cirsa Enterprises have agreed to an all-share merger deal that will see the combined entity retain a listing in both Italy and Spain.Milan-listed Lottomatica said that Wednesday's deal will see shareholders of Barcelona-based Cirsa receive 0.668 newl…