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J&T ARCH invests in lottery group Allwyn

J&T ARCH invests in lottery group Allwyn
A&O Shearman advised J&T ARCH INVESTMENTS SICAV, a.s. (J&T ARCH), the largest investment fund in the Czech Republic and Slovakia, in the strategic acquisition of a 4.27% minority stake in Allwyn International AG (Allwyn), a global lottery and gaming operator from the portfolio of the KKCG investment group.

The transaction, worth approximately EUR500 million, values Allwyn at EUR11.2 billion at the end of 2024. Thanks to this transaction, J&T ARCH, with its JTFG Fund IV SICAV, will thereby participate in Allwyn's next growth phase while further diversifying its portfolio in the entertainment and gaming industry.

The A&O Shearman team was led by partner Prokop Verner in cooperation with senior associate Tomáš Janoušek and associate Martin Vykopal. Partner Tina Barazandeh-Nejad was responsible for aspects of English law. The transaction was completed in cooperation with the Swiss law firm Schellenberg Wittmer Ltd, led by partner Dr. Oliver Triebold.

“Allwyn is a European leader in the lottery segment with significant innovation potential.”

Prokop Verner commented on the transaction: “Allwyn is a European leader in the lottery segment with significant innovation potential. Our client has gained the opportunity to participate in a dynamically developing industry, and we are pleased to have been able to contribute to this significant transaction with comprehensive legal advice.”

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