Tag Archives: Gary Cohn

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 …

Dealmakers of Allwyn Group’s agreed SPAC merger with Cohn Robbins Holdings Corp (CRHC) have signalled that lottery conglomerate listing on NYSE will be temporarily delayed.  The transaction that was expected to be finalised during Q2, has been put back due to US stocks plummeting, amid fears of a pending global recession. The Times reports that “the transaction will now not …

Allwyn Group has completed its group rebrand and corporate identity change across all core units of its business.  Closing 2021, the company announced that it would change its corporate and brand identity from SAZKA Entertainment to Allwyn Group. The decision was taken to refresh the firm’s identity that had been born out of its Czech home market enterprise of SAZKA …

OPAP SA has notified investors that it has divested its ‘minority interest’ in Betano, the Pan-European sportsbook subsidiary of Kaizen Gaming.  Issuing a market filing, the Athens-listed gambling group disclosed that it had sold its 36.75% stake in Betano to Rubidium Holding – a fully owned ‘indirect’ investment vehicle of Allwyn Entertainment. Deal terms will see OPAP receive an upfront …

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 …

Allwyn confirms recent news speculation, disclosing this morning that it has agreed to merge with SPAC vehicle Cohn Robbins Holdings Corp (CRHC)– a transaction that will see the multinational lottery operator list on the New York Stock Exchange (NYSE).  Issuing a joint statement this morning, Allwyn and CRHC dealmakers pursue an NYSE listing that will value the lottery group at $9.3 billion (€8.25bn) – representing …