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LTMC all-share merger targets €150M cost synergies, capital returns

LTMC plans an all-share merger creating a global gaming leader with €2B EBITDA and market leadership in Italy and Spain. The company targets €150M cost synergies and plans significant capital returns, with an online growth technology focus.

LTMC

A merger creates a global gaming leader with €2B EBITDA, combining market leadership in Italy and Spain and targeting €150M in cost synergies.

The deal is structured as an all-share transaction, with significant capital returns planned and a focus on accelerating online growth through technology in…