Slaughter and May advised Günther Group on ZEAL Network’s takeover offer of Lotto 24

Slaughter and May, working with Hengeler Mueller in Germany, advised Günther Group on ZEAL Network’s takeover offer of Lotto 24. Slaughter and May advised on the English law aspects of Gunther's proposal in respect of Zeal Network’s (a UK incorporated company) all-share voluntary takeover offer for Lotto 24 AG, both of which are traded on the Frankfurt Stock Exchange.

Lotto 24 is Germany’s largest private digital lottery broker and the transaction will create a digital lottery group of more than 5 million combined customers globally and combined billings of about EUR 500 million per year.