Lottomatica and CIRSA aiming for a 2027 completion date following board approval for merger

The merger plan formalises the proposed combination first announced on September 2 The boards of Lottomatica Group and CIRSA Enterprises are aiming for a 2027 completion date, following the approval of a common merger plan, which will see Lottomatica absorb CIRSA, The merger plan formalises the proposed combination first announced on September 2, 2026. CIRSA will cease to exist as a separate legal entity without undergoing liquidation, while Lottomatica will remain. The combined group is targeting annual revenues exceeding €4.5bn ($5.03bn) and a €744m ($831.43m) shareholder capital return following completion.