![]() The gaming leader’s board of directors unanimously approved the deal, pending regulatory approval. The funds subsidiary will have until September 30, 2022, to pay the remaining $151.6 million. ![]() Upon the closing of the final agreement, Gamenet will pay $879.5 million of the total sale price, with $121.3 million due at the end of 2021. The deal covers all of IGT’s Italian gaming machine, online and retail gaming, and sports betting ventures, which includes Lottomatica Videolot Rete and Lottomatica Scommesse. Multinational gaming provider International Game Technology (IGT)announced yesterday it has agreed to sell its Italian B2C Lottomatica businesses to Apollo Global Management’s finance subsidiary Gamenet Group for $1.15 billion. IGT Board Unanimously Approves Billion-Dollar Deal IGT announced on December 6 it will sell its B2C Lottomatica businesses to Apollo Global Management’s investment subsidiary for $1.15 billion.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |