Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions September 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:
** Italy's Lottomatica LTMC.MI has agreed to buy Spanish rival CIRSA CIRSA.MC in a €2.8 billion all-share deal to create the world's second-largest listed gaming and sports betting firm, the two companies said.
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** Specialty insurance platform Ignyte Insurance has acquired travel insurance marketplace InsureMyTrip, the company said on Tuesday.
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(Compiled by Sahil Pandey and Rajarshi Roy in Bengaluru)
Recent news on Lottomatica SpA
See all newsBrief: Cirsa Sets Shareholder Vote On Lottomatica's Merger For Nov 25
Brief: Lottomatica, Extraordinary & Ordinary Shareholders’ Meeting On Nov 23, To Resolve On Merger By Incorporation Of Cirsa
Brief: Lottomatica Group Says Co And Cirsa Boards Approve Common Merger Plan
BTIG cuts Cirsa to 'neutral', sees no rival bids to challenge Lottomatica's takeover
Media: Lottomatica to deploy homegrown gambling technology and AI tools at Cirsa to accelerate online growth- Bloomberg News