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Tag Archives: Lotto 24

Germany – ZEAL close to all-share voluntary takeover of Lotto24

Approximately 91.8 per cent of Lotto24 AG shareholders have accepted ZEAL Networks’ all-share voluntary takeover offer and tendered their shares during the regular acceptance period, which ended on 10 April 2019. As all offer conditions have been satisfied, shareholders can take advantage of an additional two-week acceptance period until 29 April to accept the offer…

Germany – Zeal sets sights on Germany with Lotto24 bid

ZEAL Network is making a play for Germany’s largest private digital lottery broker, Lotto24 AG as it looks to create a digital lottery group with currently more than 5m combined customers globally, current combined billings of about €500m, and a diverse international footprint. The all-share takeover delivers significant benefits for shareholders with expected cost synergies…