To Nexus Group

INTRALOT to sell stake in Intralot de Peru

Intralot will follow-up with further announcements on the definite shares transfer and possible timing of cash inflow, as required by regulation.
2021-02-11
Reading time 39 seg
The Greece-based company will dispose of its entire stake of 20% in Intralot de Peru SA for a cash consideration of US$21million. In addition, it signed a three-year extension of its current contract with Intralot de Peru SA through 2024 to continue to provide its gaming technology and support services.

INTRALOT has announced that it has entered into a binding agreement with Nexus Group in Peru to sell its entire stake of 20% in Intralot de Peru SA, for a cash consideration of US$21million (twenty-one million US$).

In addition, the company has signed a three-year extension of its current contract with Intralot de Peru SA through 2024, to continue to provide its gaming technology and support services.

Closing of this transaction is subject to the completion of certain condition precedents standard for this kind of transactions, the company's website announced. Intralot will follow-up with further announcements on the definite shares transfer and possible timing of cash inflow, as required by regulation.

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