bwin Interactive Entertainment (BWIN) and the owners of Gioco Digitale S.p.A. have agreed that bwin will acquire 100% of the shares in Gioco Digitale S.p.A.
As per the terms of deal, Gioco Digitale shareholders will contribute 752,474 Gioco Digitale shares, or 56.30% of share capital, in exchange for 2.30 million bwin shares and bwin will acquire the remaining 43.70% of Gioco Digitale's share capital for an initial consideration of EUR 25 million in cash on conclusion of the transaction, plus a further EUR 20 million in cash payable on presentation of Gioco Digitale's audited accounts for 2009, and a further EUR 5 million in cash 18 months after closing subject to the achievement of certain financial performance targets in 2009.
bwin Interactive said that Gioco Digitale will be acquired on a cash- and debt-free basis. The Share Purchase and Contribution Agreement will be subject to the approval of bwin's Supervisory Board. The transaction is scheduled to be concluded early in October 2009.
For comments and feedback contact: editorial@rttnews.com
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.