logo
Blackstone-Backed Casino Operator Cirsa Announces IPO in Spain

Blackstone-Backed Casino Operator Cirsa Announces IPO in Spain

Bloomberg5 days ago

Cirsa Enterprises, the casino operator owned by Blackstone Inc., announced plans for an initial public offering in Spain.
The offering will include a sale of new shares targeting raising €400 million ($460 million), as well as a secondary sale of about €60 million of shares, according to a statement on Wednesday.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Virgin Australia: Long a Loser, Now a Winner
Virgin Australia: Long a Loser, Now a Winner

Skift

timean hour ago

  • Skift

Virgin Australia: Long a Loser, Now a Winner

Skift Take In this Australian version of David versus Goliath, Goliath always wins — at least until now. After years in the long shadow of Qantas, Virgin Australia appears to be closing the profitability gap. For the 2024 calendar year, it posted a superior operating margin of 10.8%, edging out Qantas at 10.6%. With Qatar Airways now holding a 25% stake and an IPO on the horizon, this week's feature story explores what lies ahead for Australia's resurgent challenger.

Spain Wins Exemption From NATO's 5% Defense Spending Goal
Spain Wins Exemption From NATO's 5% Defense Spending Goal

Bloomberg

time2 hours ago

  • Bloomberg

Spain Wins Exemption From NATO's 5% Defense Spending Goal

Spain obtained an exemption from NATO's ambitious defense spending target of 5% of GDP after several days of diplomatic wrangling that drew scorn from Donald Trump, right before leaders of the military alliance gather on Tuesday. 'We fully respect the legitimate desire of other countries of increasing their defense investment but we won't do it,' Spanish Prime Minister Pedro Sanchez said on Sunday afternoon. The country can get defense expenditure up to 2.1%, 'nothing more, nothing less.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store