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Radovanović Stojanović & Partners advised the shareholders of SKS365 Group, one of the main omnichannel operators in the Italian online and sports betting market, on the sale of SKS365, including its Serbian subsidiaries, to the Italian Lottomatica Group S.p.A.
The acquisition, valued at an Enterprise Value of EUR 639 million, is subject to competition and regulatory approvals and is expected to be completed in H1 2024. SKS365 Group currently has approximately 600,000 registered online customers, valuable brands – including Planetwin365 and PlanetPay365 – and a network of about 1,000 retail sports betting outlets.
RSP advised on the Serbian aspects of the Transaction, whereby Gianni & Origoni (Rome, Italy) acted as the lead counsel, Schindler Attorneys as the Austrian counsel and Sheltons Malta as the Maltese counsel.
The RSP team was led by Saša Stojanović and also included Đorđe Vićić, Živko Kovačević, Irina Petrović, Nikola Cincović, Luka Radojević, Isidora Grabež and Anja Tasić.