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European Commission approves Cirsa acquisition by Blackstone

18th June 2018 8:47 am GMT

The European Commission (EC) has approved the acquisition of Spanish gaming operator Cirsa by US private equity firm Blackstone.

Blackstone announced a deal to acquire the company (excluding its Argentinean operations) at the end of April, taking over the business from Cirsa founder Manuel Lao Hernández, who would continue to operate the business in Argentina as a separate entity.

Cirsa operates 147 casino, 70 bingo halls, 178 gaming halls, 2,000 sports betting [...]

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