Lottomatica Group S.P.A. (IT:LTMC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Lottomatica Group S.p.A. has executed a merger with its wholly-owned subsidiary, Lottomatica S.p.A., setting the stage for further consolidation in the Italian gaming market. This strategic move is expected to streamline operations and strengthen Lottomatica Group’s position, with the merger anticipated to be legally effective by early November 2024.
For further insights into IT:LTMC stock, check out TipRanks’ Stock Analysis page.