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
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.