FDJ has entered a joint-venture with China Welfare Lottery
Shanghai – CFI is pleased to announce that it acted as exclusive financial advisor to FDJ regarding its Joint-Venture with China Welfare Lottery.
FDJ (Française des Jeux) is the French national lottery, established by the French government in 1933 and privatized in 2019.
The China Welfare Lottery is one of the two official lotteries authorized by the Chinese government, established in 1987 (State-owned).
This transaction closed on 20 December 2019.
Consumer Goods & Retail
has entered a joint venture with
Transaction details
FDJ has entered a joint-venture with China Welfare Lottery
This transaction was advised by:
Our latest transactions
Software & IT Services
have sold
to
a portfolio company of
Transaction details
Technology field services and support provider Vista Technology Support has been acquired by TRG
Consumer Goods & Retail
has obtained fundraising from
Transaction details
High-end bicycle producer The Rider Firm has obtained fundraising from Santander
Software & IT Services
has raised growth capital from
Transaction details
Digital Pills, an Italian Data & AI consulting company, has sold a minority stake to Equiter, raising funds for its future growth
