News: Gtech SpA (GTCH.MI)

GTCH.MI on Milan Stock Exchange

18.03EUR
29 Aug 2014
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€-0.03 (-0.17%)
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Wed, Aug 20 2014

GTECH says 14 banks back IGT acquisition with $10.7 bln loan

MILAN, Aug 20 - Italian lottery operator GTECH said on Wednesday 14 banks have agreed to lend it up to $10.7 billion, in part to back its planned acquisition of U.S. slot machine maker International Game Technology.

UPDATE 1-GTECH confirms guidance after Q2 core profit down slightly

(Recasts with guidance, adds details from conference call)

GTECH confident can reach FY guidance - slides

MILAN, July 31 - Italian gaming group GTECH is confident it can reach its full-year guidance, slides from the company's results presentation showed on Thursday.

GTECH Q2 core earnings inch lower as sales drop slightly

MILAN, July 31 - Italian gaming group GTECH said on Thursday core earnings inched down in the second-quarter, hit by lower sales and a strong comparison period last year that was boosted by a significant order in Canada.

GTECH sees $130 mln in revenue from 7-yr U.S. lottery contract

MILAN, July 25 - Italian gaming group GTECH has signed a seven-year contract with the Tennessee Lottery which it expects to yield $130 million in total revenue.

Shares in GTECH open 1.6 pct lower after S&P downgrade

MILAN, July 18 - Shares in GTECH opened down 1.6 percent on Friday after Standard & Poor's cut the rating for the Italian lottery operator to "BBB-" from "BBB" following the firm's acquisition of U.S. slot machine maker International Game Technology for $4.7 billion.

Deals of the day- Mergers and acquisitions

(Adds Abbvie, Allergan, TRW Auto, Telefonica, Bingham McCutchen, Fred's, GTECH, Slovak Telekom, Cliffs Natural, Rosneft, Woolworths, Koncar, Dong Energy ; updates Fiat Chrysler)

S&P cuts GTECH rating to BBB- after IGT buy

MILAN, July 17 - Standard & Poor's has cut its rating for Italy's lottery operator GTECH to BBB- from BBB after the company announced it was buying U.S. slot machine maker International Game Technology for $4.7 billion, GTECH said on Thursday.

Italy's GTECH backs IGT buy with $10.7 billion bridge loan

LONDON - Italian-regulated gaming company GTECH is backing its $4.7 billion cash and stock acquisition of U.S. based International Game Technology (IGT) with a $10.7 billion bridge loan.

RLPC-Italy's GTECH backs IGT buy with $10.7 bln bridge loan

LONDON, July 17 - Italian-regulated gaming company GTECH is backing its $4.7 billion cash and stock acquisition of U.S. based International Game Technology (IGT) with a $10.7 billion bridge loan.

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