"White & Case LLP Advises on €3 Billion Financing for Betclic and Tipico Merger to Create European Sports Betting Leader"

"White & Case LLP advised the arrangers in a €3 billion financing deal for the merger between Betclic and Tipico, leading companies in sports betting and online gaming in Germany and Austria. The merger aims to create a combined group with over €6.4 billion in revenue and an adjusted EBITDA of approximately €1.4 billion, positioning it as a European leader in sports betting and gambling. The operation involved teams from White & Case in Paris and London, covering financing, M&A/private equity, and tax aspects."

White & Case LLP advised the arrangers in connection with the €3 billion financing related to the merger between Betclic and Tipico, leaders in sports betting and online gaming in the German and Austrian markets. This transaction aims to create a combined group with revenues exceeding €6.4 billion and an adjusted EBITDA of approximately €1.4 billion, positioning it as one of the European leaders in sports betting and gambling. The White & Case team involved in this transaction was led in Paris by partners Raphaël Richard and Neeloferr Roy, assisted by associates Chloé Bouffard, Noémie Jacquot, and Imane Lazraq, focusing on financing. Partner Jean-Guillaume Meunier, assisted by associate Charles Assous, handled M&A/Private Equity aspects for the arrangers. Partner Alexandre Ippolito, assisted by associate Claire Sardet, addressed tax matters related to the financing. The London office of White & Case also contributed to the transaction.

"White & Case LLP Advises on €3 Billion Financing for Betclic and Tipico Merger to Create European Sports Betting Leader"

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