Intralot Sells 80 Percent Stake In Peru Business

For $68.7 million

Intralot Group has concluded the sale of an 80 percent stake in its Peruvian subsidiary, Intralot de Peru, to Nexus Group Entertainment Peru S.A.C. for a cash consideration of $68.7 million.
The deal supports Intralot's strategy to develop strategic partnerships with strong local partners in selected countries, leveraging synergies and local market know-how that local companies can provide.
Intralot will retain its remaining 20 percent stake to maintain a presence in the Peruvian market.

Online Casino News Courtesy of Infopowa

About the Author... Total Posts Written: 9,449
Casinomeister

Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
bryan@casinomeister.com

See More Posts