Lottomatica-CIRSA deal targets 2027 completion after approvals

Lottomatica Group and CIRSA Enterprises have signed a joint plan for CIRSA to be absorbed into Lottomatica , setting terms for a cross-border merger that would leave Lottomatica as the continuing legal entity. The deal is not complete: shareholder approval, regulatory authorisations and other conditions remain, with the merger expected to take effect in the second quarter of 2027 if they are satisfied. The companies’ boards approved the plan after the transaction was announced in September. The terms were confirmed in a joint statement on October 8, according to reports by SBC Noticias, Democrata and Infobae.