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Apollo Funds Complete Acquisitions of International Game Technology's Gaming & Digital Business and Everi; Combined Enterprise to Operate as IGT
8 Articles
8 Articles
Merger of IGT’s Digital business and Everi Holdings, under Apollo, completed
The acquisition and merger of IGT’s Gaming & Digital Business and Everi Holdings, valued at approximately $6.3 billion, has been completed. The post Merger of IGT’s Digital business and Everi Holdings, under Apollo, completed first appeared on Asia Gaming News | AGB - Asia Gaming Brief.
Apollo completes acquisition of IGT gaming and digital businesses and Everi, new entity to trade under IGT name
Asset management giant Apollo announced overnight that it has completed the acquisition of FinTech firm Everi Holdings and the Gaming and Digital businesses of International Game Technology (IGT). The two companies will be combined into a single enterprise operating under the IGT name. In a brief statement, Apollo confirmed that a holding company owned by funds managed by its affiliates had completed the US$6.3 billion all-cash transaction, bri…
Apollo completes $6.3bn acquisition of Everi and IGT divisions
Apollo Global Management has confirmed its acquisition of supplier duo Everi and IGT’s gaming and digital divisions has been completed. The investment firm first entered a definitive agreement with both suppliers in July of last year. IGT, which has since rebranded to Brightstar Lottery, and Everi had originally combined, before the entity was sold to Apollo. The two suppliers will operate under the IGT name, although the Everi brand will be re…
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