Tag Archives: Mooney

Sisal completes demerger of payment unit

Sisal SPA, the operating firm of Italy’s SuperEnalotto lottery, has completed its corporate reorganisation, resulting in the separation of its gaming and payment operations. Updating its investors, Sisal noted that the deed of demerger was signed in favour of the newly formed SG2 SpA, a company to which the 70% equity interest in Mooney Group S.p.A. has been transferred. The demerger …

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Sisal splits Mooney payment services unit from main business

Sisal Group SPA, the operating firm of Italy’s SuperEnalotto lottery, will undertake an ‘organisational restructure’ which will result in a demerger of the group in favour of a newly incorporated company – ‘SG2 SPA‘. The demerger forms part of a wider strategy of corporate restructuring that aims to ‘better define the functions and primary objectives of the group’ and will …

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