07:31 AM EST, 11/21/2024 (MT Newswires) -- International Game Technology ( IGT ) said Thursday that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for a proposed deal with affiliates of Apollo Global Management ( APO ) has expired.

Under the proposed transaction, IGT's Gaming & Digital business and Everi Holdings ( EVRI ) will be simultaneously acquired by a newly formed holding company held by Apollo affiliates, IGT said.

The expiration of the waiting period on Wednesday allows the proposed deal to proceed. IGT said it expects the acquisition to close in Q3 of 2025.