Latham Advises Apollo on €1.205 Billion ABB on Lottomatica Group’s Shares

Latham & Watkins advises 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 53,555,556 ordinary shares of Lottomatica Group S.p.A. at a price of €22.50 per share. The total gross proceeds correspond to approximately €1.205 billion.

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