Bally's and Intralot prepare mega-deal targeting €1.1 billion EBITDA – What Intracom is planning
Banking and brokerage sources say Bally’s and Intralot are in final talks with Evoke bondholder creditors, aiming to close by June 28, 2025 and present it at Bally’s/INLOT’s shareholder meeting. The plan includes paying Evoke via Bally’s/Intralot shares (~€1.18), moving debt to an SPV repaid over ~20 years, and setting bondholder rates at ~5%–6%. Sources project EBITDA up to €1.1bn and shares near €1.8, lifting market cap toward €3.5bn; Intracom’s 4.93% stake could benefit.