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An update from Lottomatica Group S.P.A. ( (IT:LTMC) ) is now available.
Gamma Intermediate S.à r.l. has completed the sale of 26 million shares of Lottomatica Group S.p.A., representing approximately 10.3% of the company’s share capital, through an accelerated bookbuilding offering. The sale generated gross proceeds of €496.6 million, with Gamma Intermediate retaining a 21.3% stake in Lottomatica. The transaction involved several financial institutions as underwriters and legal advisors, and includes a 60-day lock-up agreement for the remaining shares.
More about Lottomatica Group S.P.A.
Average Trading Volume: 558,468
Technical Sentiment Signal: Buy
Current Market Cap: €5.17B
Find detailed analytics on LTMC stock on TipRanks’ Stock Analysis page.