Bally's Corporation Approves Transaction Agreement with Intralot, Set to Become Majority Shareholder in €2.7 Billion Deal

Reuters
Jul 21
Bally's Corporation Approves Transaction Agreement with Intralot, Set to Become Majority Shareholder in €2.7 Billion Deal

Bally's Corporation has announced the entry into a definitive transaction agreement with Intralot S.A., a publicly listed Greek company. Under the agreement, Intralot will acquire all of the issued and outstanding capital stock of Bally's Holdings Limited, which includes Bally's "International Interactive" business. The transaction is valued at approximately €2.7 billion, comprising €1.53 billion in cash and 873,707,073 newly issued ordinary shares of Intralot. This transaction will result in Bally's Corporation becoming the majority shareholder of Intralot. The closing of the transaction is anticipated in the fourth quarter of 2025, pending satisfaction or waiver of certain conditions, including regulatory clearances and Intralot shareholder approval.

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