Blackstone's Cirsa Plans to Raise up to $529 Million in Madrid IPO
11 Articles
11 Articles
The Spanish company Cirsa, dedicated to the gambling business and owned by the Blackstone fund, has announced its intention to debut on the stock market with an operation aimed exclusively at institutional investors. The stock market premiere, pending the approval of the CNMV and conditioned to the market environment, puts an end to a prolonged drought of similar operations in the country. The company based in Terrassa (Barcelona) has been study…
Cirsa defines herself as "one of the world's leading companies in the gaming and entertainment industry, and the number one operator in Spain by number of recreational machines and casinos." She also highlights that "his presence in 11 countries includes 451 casinos and gaming rooms, more than 85,000 recreational machines, approximately 2,500 sports betting points and an industrial division that integrates the research, design and manufacturing …
Blackstone activates the stock market premiere of the game operator after awakening the appetite of the investors. The schedule of the operation previews the debut between the second and third week of July. The group previews a pay-out of 35%. Read
The Spanish gambling company, owned by Blackstone, hopes to close the operation “as soon as possible”
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