A team led by Alek Naidenov and Andrew Jennens advised the banks on the financing supporting the cross-border merger of Lottomatica Group S.p.A. and Cirsa Enterprises, S.A.
The transaction combines two of Europe’s leading and publicly-listed gaming and sports betting operators to create a global gaming champion with c. €2bn of Adjusted EBITDA and number 1 positions in Italy and Spain, as well as leading positions in a range of Latin American markets.
Lottomatica will be the surviving entity of the combination and its shares will be listed on both Euronext Milan and the Spanish Stock Exchanges.
The full Linklaters team included Alek Naidenov, Andrew Jennens, Jack Naughton, Marco Carrieri, Dami Banire and Deniyi Coker, with Italian and Spanish support from Esteban Arza, Ugo Orsini, Alejandro Meca, Roberto Egori, Juan Barona, Fabio Balza, Jaime Pelaez, Matteo Feliziani, Elena Esteban and Carlos Olmedo.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
