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New Deal


Announced

FDJ to acquire Premier Lotteries Ireland from OTPP for €350m.

Financials

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Transaction Value£298m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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lotteries

Casinos and Gambling

Acquisition

Majority

Private

Cross Border

Friendly

Ireland

Pending

Single Bidder

Synopsis

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La Française des Jeux, the operator of France's national lottery games, agreed to acquire Premier Lotteries Ireland, the operator of the Irish National Lottery, from OTPP for €350m. “I am very pleased to welcome Premier Lotteries Ireland, a long-lasting partner of the Euromillions community, within the FDJ Group for our first venture as lottery operator outside France. This transaction is perfectly aligned with our international development strategy and our historical core business. It will enable FDJ to continue to grow while remaining true to its recreational, responsible and redistributive gaming model. We are looking forward to working together, taking the most of all collaboration opportunities," Stéphane Pallez, FDJ Chairwoman and CEO.

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