Darrois Villey Maillot Brochier advised Banijay Group and Betclic on the acquisition of a majority stake in Tipico Group

Paris, 4 October 2025,

Banijay Group, the Entertainment powerhouse, has signed a binding agreement with CVC and Tipico’s founders to combine Betclic and Tipico groups, becoming the majority shareholder of the combined entity, and creating a European champion in sports betting and online gaming. Banijay Group will buy the major stake of CVC in Tipico in cash, and all shareholders of Betclic and Tipico, including the respective founders, will become shareholders of the combined entity.

Through this transaction, Banijay Gaming would bring together two leading operators of similar scale with shared values, backed by highly experienced management teams. In the current deal, the Enterprise values agreed by the parties for Betclic and Tipico groups amount to €4.8bn and €4.6bn respectively.

The Darrois Villey Maillot Brochier led by Christophe Vinsonneau and Cécile de Narp (partners), was composed of Florian Benard, François Bourassin, Youssef Driouich and Paul Le Tacon on corporate and M&A matters, Guillaume Aubron (partner), Thomas Servières, Amel Krideche and Camille Chekir on competition law aspects, Henri Savoie (partner), Guillaume Griffart, Isabelle Flament and Anaïs Cascua on regulatory aspects and Martin Lebeuf (partner) and Maxime Garcia (counsel) on financing aspects.

VGG & Associés advised Banijay Group and Betclic on tax law aspects.

Kirkland & Ellis LLP advised Banijay Group and Betclic on financing aspects.