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Blackstone's gambling co Cirsa expects share listing in Spain on July 9
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Blackstone's gambling co Cirsa expects share listing in Spain on July 9
Jul 1, 2025 4:21 AM

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)

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