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US private equity circles as Spain’s Cirsa weighs €2bn sale

14th February 2018 6:31 am GMT

Several heavyweight US private equity firms are weighing up offers to acquire Spanish gaming operator Cirsa.

Cirsa, a leading casino and bingo hall operator in Spain, Italy and Latin America, appointed financial advisory and asset management firm Lazard to evaluate a number of strategic options available to the company last November.

Cirsa currently operates 153 land-based casinos in Spain and Latin American countries including Argentina, Mexico, and Colombia, as well as 39,000 AWP gaming machines, 68 bingo halls [...]

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