Zeal Network to fully acquire Lotto24 in delisting purchase agreement

German lottery operator snaps up remaining 7% in shares as it elects to delist subsidiary from Frankfurt Stock Exchange

Frankfurt-listed Zeal Network is set to acquire the remaining shares in its Lotto24 subsidiary as it plan to delist the business from the public market. The German lottery operator, which currently holds around 93% of shares in Lotto24, will acquire the remaining shares in the business as part of a delisting purchase offer. The cash…

Germany | Lottery | Lotto24 | M&A | Strategy | Zeal Network