Allwyn Entertainment将通过SPAC与科恩·罗宾斯控股公司合并上市

04:26 AM EST, 01/21/2022 (MT Newswires) -- Allwyn Entertainment said Friday it is planning to list its shares on the New York Stock Exchange by entering into a merger agreement with blank-check firm Cohn Robbins Holdings (CRHC).

The combined company will be valued at an estimated $9.3 billion, with $350 million in committed private investment in public equity, or PIPE. The PIPE investment includes $50 million from Cohn Robbins Holdings' sponsor equity.

Allwyn, which operates lotteries in Austria, the Czech Republic, Greece, Cyprus and Italy, expects $1.7 billion in net gaming revenue in 2022.

The transaction is expected to close in Q2, subject to shareholder and regulatory approvals. It has been unanimously approved by the companies' boards.

Price: 9.82, Change: -0.03, Percent Change: -0.3