Blackstone-owned gambling company Cirsa plans IPO in Spain
From Yahoo Finance: 2025-06-18 02:22:00
Blackstone’s gaming company Cirsa plans to raise up to 460 million euros in an IPO on the Madrid stock exchange. They will sell 400 million euros in new shares and 60 million euros in a secondary sale to fund growth and debt repayment. Cirsa operates casinos and gambling platforms in various countries, with 2024 EBITDA of 699 million euros. The IPO is being managed by Morgan Stanley, Barclays, and Deutsche Bank, marking Madrid’s first offering since Cox went public in November.
Read more at Yahoo Finance: Blackstone-owned gambling company Cirsa plans IPO in Spain