31 Oct 2025

"Kirkland & Ellis Advises Banijay Group and Betclic on €3 Billion Financing for Merger with Tipico"

"Kirkland & Ellis is advising Banijay Group and Betclic on a €3 billion financing deal to support the merger of Betclic with Tipico, a major sports betting and online gaming operator in Germany and Austria. The legal team includes specialists in capital markets, financing, and taxation."

Kirkland & Ellis advised Banijay Group (AMS: NJ) and Betclic in connection with the financing of €3 billion to support the combination of Betclic with Tipico, a major sports betting and online gaming operator in Germany and Austria, owned by CVC and its founders. The transaction involved a €3 billion financing aimed at facilitating the merger of Betclic with Tipico, strengthening their position in the sports betting and online gaming market in Germany and Austria. The Kirkland & Ellis team included: - Cédric Van den Borren, a lawyer specializing in capital markets; - Kalish Mullen and Matias Versavel, lawyers specializing in financing; - Nadine Gelli, a lawyer specializing in taxation.
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