M&A news sponsored by Playtech

 

South African investment holding company Hosken Consolidated Investments (HIC) has moved to combine its gaming assets into a single company by having hotel and entertainment business Tsogo Sun acquire Niveus Investments' gaming machine and bingo hall businesses.

Austria's Novomatic is finally moving towards its goal of taking control of the country's leading casino and lottery operator Casinos Austria, after a deal to acquire a 17.2 per cent stake in the business was ratified by the company's shareholders.

A new consortium has entered the fray to acquire Australian gaming giant Tatts Group with an offer of as much as AUD$7.3bn, which would see Tatt’s wagering and gaming businesses spun off and listed on the Australian Securities Exchange (ASX) or sold to a strategic party.

Stockholm-listed gaming operator Cherry has acquired the remaining 51 per cent stake in ComeOn Malta which it does not already own, through a combination of cash and new shares amounting to a maximum outlay of €200m.