Latham Advises Apollo on €496.6 Million ABB on Lottomatica Group’s Shares

Latham & Watkins has advised Gamma Intermediate S.à r.l. (a company incorporated on behalf of funds managed by Apollo Management IX, L.P.), in the sale through an accelerated bookbuilding of 26 million ordinary shares of Lottomatica Group S.p.A. at a price of €19.10 per share. The total gross proceeds correspond to approximately €496.6 million.

The Latham team was led by Antonio Coletti and Guido Bartolomei. Advice was also provided on US matters by Ryan Benedict and Irene Pistotnik.

Barclays Bank PLC and Deutsche Bank AG acted as lead Joint Global Coordinators and Joint Bookrunners, BNP PARIBAS, Goldman Sachs International, J.P. Morgan, and UniCredit acted as Joint Global Coordinators and Joint Bookrunners, with Apollo Capital Solutions, Berenberg, BTIG, Jefferies, and Morgan Stanley as Joint Bookrunners, and Siebert as co-manager. Latham & Watkins acted as legal advisor to Gamma Intermediate S.à r.l..