Cohn Robbins Holdings Wants 3-Month Extension to Complete Allwyn Acquisition

Cohn Robbins Holdings in a proxy filing called a Sept. 7 meeting for shareholders to vote on its request to extend the merger deadline with Allwyn, a multinational lottery operator.

The proposal would push back the deadline from Sept. 21 to Dec. 21.

Announced in January, the Allwyn deal includes $828 million of cash in the SPAC’s trust and a $350 million PIPE. The combined companies would have an enterprise value of approximately $9.3 billion. Read more.

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