Announced
Financials
Sources
Tags
Majority
United Kingdom
Pending
lottery
Acquisition
Cross Border
Single Bidder
Friendly
Private
Entertainment
Synopsis
Allwyn, a multi-national lottery operator, agreed to acquire Camelot UK Lotteries, a UK National Lottery operator, from Ontario Teachers’ Pension Plan Board, a pension fund company. Financial terms were not disclosed. “We are delighted to have the opportunity to acquire the current operator of the Third Licence for the UK National Lottery. Allwyn and Camelot share a common goal: a passion to protect and improve the UK National Lottery, and the good causes it celebrates. Common ownership of the operators of both the Third and Fourth Licences will help ensure the successful delivery of the National Lottery both in 2023 and over the next decade,” Robert Chvátal, Allwyn CEO.
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