Mergers & Acquisitions News
News on industry consolidation within betting and gaming, from the biggest mergers in gambling industry history to acquisitions at a more granular level.
28 February, 2022 | LotteryMergers & Acquisitions

IGT to sell Italian proximity payment business to PostePay for €700m

International Game Technology (IGT) has announced that its wholly owned subsidiary IGT Lottery S.p.A. has signed a definitive agreement to sell its Italian proximity payment business to PostePay S.p.A. – Patrimonio Destinato IMEL for €700m ($781m). IGT’s Board of Directors has approved the transaction. The deal remains subject to customary closing conditions, including regulatory approvals, and is expected to take place during t...
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Brazilian lawyer Neil Montgomery unpicks all the technicalit...