Tag Archives: Clifton S Robbins

Allwyn has stated that a public listing and expansion of its operations in the US remain future objectives, despite shelving its proposed merger with SPAC Cohn Robbins Holdings Corp (CRHC). The European lottery operator announced over the weekend that the duo had ‘jointly decided’ not to pursue the planned business combination, citing several factors.  These included the timing of the …

PPF Group, which currently owns approximately four million shares of Cohn Robbins Holdings (CRHC), has agreed to purchase an additional 26 million Allwyn shares. This follows news earlier this month that the proposed merger between Cohn Robbins Holdings and Allwyn was progressing well, after the latter’s registration statement was declared effective by the US Securities and Exchange Commission (SEC). PPF Group has now moved to acquire Allwyn shares at …

Allwyn has confirmed the ‘planned appointment’ of Justin King to serve as Chairman of its UK business, should the pan-European lottery conglomerate win the Fourth National Lottery Licence Competition. The former long-term Chief Executive of Sainsbury’s Plc (2004-2015), King has served as a strategic advisor of Allwyn’s bid to become the next National Lottery steward – a decision that imminently …