We are proud to have acted as Greek legal counsel to Intralot S.A. in its transformative acquisition of Bally’s International Interactive Business, a complex transaction that marks a major milestone in the global gaming and lottery industry.
This landmark deal, valued at an enterprise value of €2.7 billion, in what is the largest acquisition transaction by a Greek company in the last 20 years, as a mix of cash and equity consideration. This transaction positions Intralot as a global leader in digital gaming and lottery technology, with a significantly expanded footprint across Europe and North America.
Intralot, following the completion of the transaction, is expected to be among the largest companies by market capitalization listed on the Athens Stock Exchange.
Our team was led by Nikolas Katsaros Partner, Head of Finance and Capital Markets and Managing Partner, Nicholas Papapolitis.
Deutsche Bank acted as financial advisor to Intralot in connection with the transaction. Citizens JMP Securities, LLC, Goldman Sachs Bank Europe SE, and Jefferies International Limited served as financial advisors to Bally’s in connection with the transaction.
We congratulate all parties involved and are honored to have supported Intralot in this strategic step forward.