Banijay Acquires Majority Stake in Tipico Group Valued at $5.4 Billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 28 2025
0mins
Source: WSJ
Acquisition Details: Banijay Group has agreed to acquire a majority stake in German sports-betting company Tipico Group from CVC Capital Partners, valuing the deal at 4.6 billion euros ($5.36 billion) including debt.
Business Expansion: The acquisition will allow Banijay to combine Tipico with its Betclic sports-betting brand, effectively doubling the size of its gambling business.
Industry Impact: This move positions Banijay to become one of the largest publicly listed players in the global gambling industry by revenue.
Strategic Growth: The integration of Tipico is part of Banijay's strategy to enhance its presence in the sports-betting market.
Analyst Views on BYD
Wall Street analysts forecast BYD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BYD is 93.10 USD with a low forecast of 85.00 USD and a high forecast of 110.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
4 Buy
6 Hold
0 Sell
Moderate Buy
Current: 85.090
Low
85.00
Averages
93.10
High
110.00
Current: 85.090
Low
85.00
Averages
93.10
High
110.00
About BYD
Boyd Gaming Corporation is a gaming company. It operates over 28 gaming entertainment properties in 10 states, manager of a tribal casino in northern California, and owner and operator of Boyd Interactive, a B2B and B2C online casino gaming business. Its segments include Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online. The Las Vegas Locals segment consists of eight casinos in the Las Vegas metropolitan area. The Downtown Las Vegas segment consists of three properties: California Hotel and Casino, Fremont Hotel & Casino, and Main Street Station Hotel and Casino. Its Midwest & South properties consist of five land-based casinos, five dockside riverboat casinos, three racinos and four barge-based casinos that operate in nine states, predominantly in the Midwest and southern United States. The Online segment includes its online gaming operations through collaborative arrangements with third parties throughout the United States and the operations of Boyd Interactive.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
