Latham Advises on Financing for €2.7 Billion Acquisition of Bally’s International Interactive Business by Intralot
Latham & Watkins has advised the lead arrangers and underwriters in connection with the financing for the €2.7 billion definitive agreement between Bally’s Corporation and Intralot S.A., pursuant to which Intralot will acquire Bally’s international interactive business. Following completion of the transaction, Intralot is expected to be among the ten largest companies by market capitalization listed on the Athens Stock Exchange. Bally’s, currently Intralot’s largest shareholder, is expected to become the majority shareholder of Intralot.
The Latham team was led by partners Jeff Lawlis, Jonathan Brownson, and Ryan Benedict, with counsel Giorgio Ignazzi, associates Michele Vangelisti, Andreas Georgiades, Simba Gonondo, and Bie Cookey, and capital markets lawyer Irene Pistotnik.