Italian news sources are reporting that Lottomatica (IGT) has entered talks for the potential acquisition of Italian betting operator Sisal Italia. The merger of Lottomatica and Sisal, would create Italy’s biggest gambling operator in a deal rumoured to be in excess of £1 billion. The acquisition of Sisal, would see Lottomatica expand its presence within the Italian retail sector taking …
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GTECH preps $4 billion IGT takeover
Italian newspaper La Repubblica reported this weekend that Milan stock listed gambling/lottery technology and provisions supplier GTECH SpA were preparing a bold $ 4 billion (£2.33 billion) acquisition offer to purchase International Game Technology – IGT. The Italian news source confirmed that senior GTECH management, were currently studying the financing dynamics of the deal in order to purchase the New …
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