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Tag Archives: Private equity

Spain – Blackstone wins out in race to buy Cirsa

Private equity firm Blackstone Group has beaten off competition from Apollo Global Management to buy Spanish gambling company Cirsa. The cost of the acquisition was not revealed although Cirsa had previously said it wanted between €2bn and €2.5bn. Joaquim Agut, CEO of Cirsa since 2006, will also assume the chairmanship of the Group. Since its…

Estonia – Odyssey Europe ready to pay €288m for Olympic Entertainment Group

Odyssey Europe, an independent European private equity firm, is looking to buy Baltic-based casino group Olympic Entertainment Group for €288m. The Tallinn-headquartered land-based and online casino and betting operator, owns 115 gaming venues and 27 betting points including 24 casinos in Estonia, 53 in Latvia, 17 in Lithuania, six in Slovakia, 14 in Italy and…