MADRID, July 1 (Reuters) - Blackstone's gambling
company Cirsa intends to have its shares listed on the Spanish
stock market on or around July 9, it said on Tuesday after the
stock market regulator CNMV authorised the planned initial
public offering.
The company said on Monday it would seek a valuation of 2.52
billion euros ($2.98 billion) in an initial public offering of
shares worth at least 400 million euros, at 15 euros a share.
Cirsa operates casinos and gambling platforms in Spain,
where it is the largest casino operator, Italy, Morocco, as well
as in Latin America. It entered Portugal and Puerto Rico last
year.
The IPO would be the first one in Spain since travel tech
company HBX Group raised 725 million euros in February
in a deal that valued it at 2.84 billion euros at the time.
($1 = 0.8464 euros)