VIE 29 DE NOVIEMBRE DE 2024 - 02:42hs.
A US$16.2m deal

Intralot completes sales of Peru business

Greek lottery giant Intralot has completed the sale of its 20% stake in Intralot de Peru SA to private equity firm Nexus Group. The original deal, announced earlier this month, saw Nexus agree to pay US$21 million to take ownership of the stake. However, after taxes and transaction expenses, the final value of the deal was US$16.2 million.

Further to the announcement dated 8.2.2021, Intralot informed the investors community about the completion of the sale of its entire stake of 20% in Intralot de Peru to Nexus Group, with the net cash consideration, after taxes and transaction expenses, amounting to US$ 16.2 million.

Ahead of the deal completing, Intralot signed a three-year extension to a contract with Intralot de Peru SA, until 2024, to continue providing gaming technology and support services.

The news follows the extension of several of Intralot’s existing contracts throughout 2020 and 2021.

In January, the company extended its contract with Lotterywest, the state lottery of Western Australia, from January 2022 until January 2026.

Intralot went on to extend the provision of its lottery services to Greece’s lottery monopoly OPAP until 2023, and was one of the first companies to receive a Buenos Aires provincial igaming licence in partnership with local operator Binbaires at the start of 2021.


Source: GMB