Brief: Cirsa Approves Binding Merger Agreement With Italy's Lottomatica

Lottomatica SpA

02/09/2026 06:21

Sept 2 (Reuters) - Cirsa Enterprises SAU CIRSA.MC:
ANNOUNCES APPROVAL OF BINDING AGREEMENT IN RELATION TO A PROPOSED MERGER WITH LOTTOMATICA GROUP S.P.A.
SHAREHOLDERS WILL RECEIVE, IN EXCHANGE FOR THEIR SHARES, 0.668 NEWLY ISSUED LOTTOMATICA SHARES FOR EACH CIRSA SHARE THEY HOLD
SHARES REPRESENTING 100% OF CIRSA’S CURRENT SHARE CAPITAL WOULD REPRESENT C. 32.5% OF LOTTOMATICA’S SHARE CAPITAL ONCE MERGER TAKES EFFECT
MERGER EXPECTED TO BECOME EFFECTIVE IN Q2 2027
EXPECTED TO DISTRIBUTE EXTRAORDINARY DIVIDEND TO ITS SHAREHOLDERS, CHARGED TO SHARE PREMIUM, OF ABOUT €262 MILLION
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