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Gtech SpA completes buyout of UniCredit SpA's stake in Italian Scratch & Win

Tuesday, 25 Mar 2014 10:42am EDT 

Gtech SpA:Says it has acquired from UniCredit the entire interest indirectly held by UniCredit in the Italian Gratta e Vinci (Scratch & Win) licensee, Lotterie Nazionali S.r.l., for a total amount of about 72 million euros.The acquisition was made through the exercise of the call option announced on March 13.As a result of the transaction, GTECH’s direct and indirect interest in Gratta e Vinci has increased from 51.5 pct to 64 pct. 

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0.06 +0.32%
26 Nov 2014