SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EARNINGS ARTICLE L impact

LTMC all-share merger targets €150M synergies; close set for Q2 2027

LTMC plans an all-share merger to create a global gaming leader with €2 billion EBITDA and strong Italy and Spain positions. Deal targets €150M cost synergies and €4B capital returns, closing by Q2 2027.

LTMC

A transformative all-share merger creates a global gaming leader with €2 billion EBITDA, strong market positions in Italy and Spain, and significant cost synergies.

The deal accelerates online growth, maintains robust capital returns, and is expected to close by Q2 2027.Based on Lottomatica Group S…