US EditionKKCG Sells 4.27% Stake in Allwyn for €500M
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KKCG sells 4.27% stake in Allwyn for €500M
Investment group KKCG has divested a 4.27% stake in Allwyn International AG to listed fund J&T Aarch Investments. The deal, executed through KKCG subsidiary Allwyn AG, places a valuation of €11.2 billion on the lottery operator as of 31 December 2024 and provides KKCG with €500 million in proceeds, including consideration and locked box interest accruing from 1 January 2025. Allwyn reported €1.5 billion in adjusted EBITDA for 2024 and has contin…
Karel Komárek's KKCG Group has sold 4.27 percent of the lottery company Allwyn International to the J&T Arch Investments fund. The total proceeds for KKCG are 500 million euros, or almost 12.3 billion crowns. KKCG announced this in a press release. The transaction values the share capital of Allwyn, which includes...
Prague - Karel Komárek's KKCG Group has sold 4.27 percent of the lottery company Allwyn International to the J&T Arch Investments fund. The total proceeds for KKCG are 500 million euros, or almost 12.3 billion crowns. KKCG announced this in a press release.
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