Cohn Robbins Holdings Corp. (CRHC) to Combine with Allwyn Entertainment in $9.3Bn Deal

Cohn Robbins (NYSE:CRHC) has entered into a definitive agreement to combine with multinational lottery operator Allwyn at an enterprise value of $9.3 billion, or 10.8x its 2022E adjusted EBTIDA. Lucerne, Switzerland-based Allwyn operates lottery games in five European countries through both brick-and-mortar retail and online. The combined company is expected to trade on the NYSE
Read More