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Lottomatica agrees €2.8bn all-share deal to buy CIRSA

Italy’s LTMC has agreed to buy Spain’s CIRSA in a €2.8 billion all-share deal to create a major listed gaming and sports betting group.

CIRSALTMC

The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:** Italy's Lottomatica MIL:LTMC has agreed to buy Spanish rival CIRSA BME:CIRSA in a €2.8 billion all-share deal to create the world's second-largest listed gaming and sports betting firm, the two compan…