Sidley is representing Lottomatica Group S.p.A. (“Lottomatica”), the largest player in the Italian gaming market by revenues, in its agreement to acquire SKS365 Malta Holdings Limited (“SKS365”), a leading omnichannel player in the Italian online and sports betting segments. The transaction values SKS365 at an enterprise value of €639 million. The acquisition will strengthen Lottomatica’s leadership position in Italy, enriching its brand portfolio and accelerating its growth profile with a highly synergistic transaction.

The Sidley team was led by Ramy Wahbeh (M&A and Private Equity) and included Zoe Woodhouse, Filippo Durazzo, Laura Persin, and Yeonjoo Ban (Trainee Solicitor) (M&A and Private Equity); Jason Menzies and Avi Kaye (Tax); Francesca Blythe and Denise Kara (Privacy and Cybersecurity); Sven De Knop and Alessandra Moroni (Global Arbitration, Trade and Advocacy).