News: Gtech SpA (GTCH.MI)
29 Aug 2014
Wed, Aug 20 2014
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.
(Recasts with guidance, adds details from conference call)
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.
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.
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.
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.
(Adds Abbvie, Allergan, TRW Auto, Telefonica, Bingham McCutchen, Fred's, GTECH, Slovak Telekom, Cliffs Natural, Rosneft, Woolworths, Koncar, Dong Energy ; updates Fiat Chrysler)
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.
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.
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.
- IGT Granted Early Termination of Hart-Scott-Rodino Waiting Period for GTECH Merger Agreement
- Acquisition of International Game Technology by GTECH S.p.A. May Not Be in Shareholders' Best Interests
- IGT Enters into Definitive Merger Agreement with GTECH S.p.A.
- GTECH to Acquire IGT Creating Global Leader in Gaming Technology and Equipment for $4.7 Billion in Cash and Stock