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Latham Advises Apollo on €405.6 Million ABB on Lottomatica Group’s Shares

March 10, 2025
Capital markets team represents the global asset manager in the sale.

Latham & Watkins has advised Gamma Intermediate S.à r.l. (a company incorporated on behalf of funds managed by Apollo Management IX, L.P.), in the sale through an accelerated bookbuilding of 26 million ordinary shares of Lottomatica Group S.p.A. at a price of €15.60 per share. The total gross proceeds correspond to €405.6 million.

The Latham team was led by Milan partner Antonio Coletti, with counsel Guido Bartolomei. Advice was also provided on US matters by London partner Ryan Benedict and Milan capital markets lawyer Irene Pistotnik.

Barclays Bank PLC, Deutsche Bank acted as Joint Global Coordinators and Joint Bookrunners. Apollo Capital Solutions, Berenberg, BNP PARIBAS, BTIG, Goldman Sachs International, Jefferies, J.P. Morgan, Morgan Stanley, and UniCredit acted as joint bookrunners. Siebert acted as co-manager.

Endnotes

    Contacts

    Coletti, Antonio

    Antonio Coletti

    Milan
    antonio.coletti@lw.com +39.02.3046.2000
    Bartolomei, Guido

    Guido Bartolomei

    Milan
    guido.bartolomei@lw.com +39.02.3046.2085