Banijay Group said to be in advanced talks to acquire CVC’s Tipico for €4.5 billion

Published 27/10/2025, 19:02
© Reuters.

Investing.com -- Banijay Group NV, the owner of Betclic, is in advanced talks to purchase German sports-betting business Tipico from CVC Capital Partners Plc, according to a Bloomberg report on Monday.

The potential deal could reportedly value Tipico at approximately €4.5 billion ($5.2 billion).

An agreement between the parties might be reached as early as this week, the report added. The founder of Tipico may maintain a stake in the combined entity that would be formed by merging Betclic and Tipico.

The report cautioned that negotiations are still ongoing and could face delays or potentially fall apart altogether.

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