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Tag Archives: Allwyn

UK – Allwyn set to finalise Camelot acquisition in early 2023

Allwyn has agreed to acquire Camelot from Ontario Teachers’ Pension Plan Board. Upon completion of the acquisition, the current operator of the National Lottery will become a wholly owned subsidiary of Allwyn. The acquisition is anticipated to close in Q1 2023 subject to regulatory approvals, including from the Gambling Commission. The terms of the transaction…

Switzerland – Allwyn postpones U.S. expansion plans and public listing citing ‘significant market volatility’

Multinational lottery operator Allwyn and special purpose acquisition company Cohn Robbins have mutually agreed not to proceed with their previously proposed business combination. Allwyn, Europe’s largest lottery operator, has released a statement saying that despite receiving ‘strong indications of support during recent meetings with investors’, the marketing period ‘coincided with significant market volatility amid a…

US – Allwyn eyes NYSE listing with CRHC merger

Allwyn Entertainment’s merger with Cohn Robbins Holdings Corp. has been declared effective by the U.S. Securities and Exchange Commission. Upon closing, the combined company is expected to be listed on the New York Stock Exchange with its Class B ordinary shares and warrants under the new ticker symbols “ALWN” and “ALWN.WS,” respectively. CRHC believes the…