{"id":9395,"date":"2025-07-02T05:31:45","date_gmt":"2025-07-02T05:31:45","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2025\/07\/02\/cirsa-to-offer-over-34-million-shares-in-ipo-for-e2-5b-valuation\/"},"modified":"2025-07-02T05:31:45","modified_gmt":"2025-07-02T05:31:45","slug":"cirsa-to-offer-over-34-million-shares-in-ipo-for-e2-5b-valuation","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/07\/02\/cirsa-to-offer-over-34-million-shares-in-ipo-for-e2-5b-valuation\/","title":{"rendered":"Cirsa to Offer Over 34 Million Shares in IPO for \u20ac2.5B Valuation"},"content":{"rendered":"<div>\n<p>Cirsa is getting ready to list on the Spanish stock exchange, with its IPO priced at \u20ac15 per share. The move could give the company a market valuation of around \u20ac2.5 billion ($2.9 billion) and raise <a href=\"https:\/\/igaming.org\/casino-news\/cirsa-to-list-shares-in-spain-and-raise-e400-million-in-ipo\/\">\u20ac400 million<\/a> in fresh capital.<\/p>\n<p>The gaming and casino operator confirmed its IPO plans in June after months of speculation. The listing still needs approval from Spain\u2019s National Securities Market Commission. Once the green light is given, the offering will begin.<\/p>\n<hr>\n<p><em><strong>Good to know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Cirsa aims to raise \u20ac400 million through newly issued shares.<\/strong><\/em><\/li>\n<li><em><strong>Total IPO size, including secondary sales and options, could reach \u20ac521 million.<\/strong><\/em><\/li>\n<li><em><strong>The company has completed more than 130 acquisitions since 2015.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<p>Cirsa will issue 26,666,667 new shares as part of its primary offering, targeting the \u20ac400 million mark. A secondary sale, arranged through LHMC Midco, will offer another 3,552,113 shares, mostly to benefit past and current employees, valued at around \u20ac53 million.<\/p>\n<p>To support market stability during the IPO, LHMC Midco has also granted Morgan Stanley Europe an over-allotment option. That allows the stabilising manager to purchase up to 4,532,817 additional shares within 30 days of trading launch. If all shares are taken up, the total IPO size would rise to 34,751,597 shares, worth about \u20ac521 million.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"BetUS\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/BetUS.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"BetUS\" target=\"_blank\" rel=\"nofollow\">BetUS<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of up to $2,500<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino &#038; Sports<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Cirsa has kept up strong financial performance over the years, growing its EBITDA in 67 straight quarters\u2014except for the period affected by the COVID-19 pandemic. Since being acquired by Blackstone in 2018, Cirsa has expanded into 11 international markets. It entered Portugal and Peru recently through acquisitions.<\/p>\n<p>That aggressive M&#038;A strategy is exactly what Cirsa plans to accelerate with the funds raised. The \u20ac400 million in fresh capital is expected to support new deals while also helping to strengthen the company\u2019s financial position.<\/p>\n<p>CEO Antonio Hostench views the IPO as an important milestone for future expansion. <em>\u201cWe are taking a defining step to continue writing another page in this extraordinary history of growth by announcing our intention to go public, which will provide us with the opportunity to undertake new projects and continue to consolidate our leadership in the sector,\u201d<\/em> he said.<\/p>\n<p>Looking ahead to 2025\u20132027, Cirsa expects to invest more heavily in acquisitions while generating organic cash flow of \u20ac400 million to \u20ac500 million during that time.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/cirsa-to-offer-over-34-million-shares-in-ipo-for-e2-5b-valuation\/\">Cirsa to Offer Over 34 Million Shares in IPO for \u20ac2.5B Valuation<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cirsa is getting ready to list on the Spanish stock exchange, with its IPO priced at \u20ac15 per share. The move could give the company a market valuation of around \u20ac2.5 billion ($2.9 billion) and raise \u20ac400 million in fresh capital. The gaming and casino operator confirmed its IPO plans in June after months of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-9395","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=9395"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9395\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=9395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=9395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=9395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}