The boards of Lottomatica Group and CIRSA Enterprises have approved a ‘common merger plan’ to settle the terms of their proposed combination, first announced on 2 September 2026. The merger plan will see Lottomatica proceed to absorb CIRSA assets outright, via an enlargement of its enterprise on the Borsa Milan.
As announced: “CIRSA will be absorbed into Lottomatica, with Lottomatica as the surviving entity and CIRSA ceasing to exist as a separate legal entity, without undergoing any liquidation process.
“Lottomatica, as the absorbing company, will acquire all assets and assume all liabilities and other legal relationships of CIRSA.”
Deal terms see CIRSA shareholders receive 0.668 new Lottomatica shares for each CIRSA share exchanged.
