Company: BRSL
Filing Date: 2025-02-25
Form Type: 20-F
Source: 0001619762-25-000007
Chunk: 2

Company: Brightstar Lottery PLC
Filing Date: 2025-02-25
Form: 20-F
Item: Item 4
Chunk 2
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Item 4.         Information on the Company
A.        History and Development of the Company
International Game Technology PLC was organized in 2014 as a public limited company under the laws of England and Wales. The Parent’s principal office is located at 10 Finsbury Square, Third Floor, London EC2A 1AF, United Kingdom, telephone number +44 (0) 203 866 1240. The Parent’s agent for service in the U.S. is CT Corporation System, 701 S. Carson Street - Suite 200, Carson City, Nevada 89701 (telephone number: +1 518 433 4740). The Company conducts business through various subsidiaries and variable interest entities (see “Item 4. C. – Organizational Structure”), and the Parent is publicly-traded on the NYSE under the symbol “IGT”. In connection with the Proposed Transaction, the Company will rebrand under a new name and stock ticker symbol.
Capital Expenditures and Divestitures
For a description, including the amount invested, of the Company’s principal capital expenditures (including interests in other companies) for the years ended December 31, 2024, 2023, and 2022, see “Item 5. B. Liquidity and Capital Resources—Capital Expenditures.” 
For a description of the Company’s principal divestitures for the years ended December 31, 2024, 2023, and 2022, see “Item 5.A. Operating Results.”
On July 26, 2024, the Parent and Spinco, entered into definitive agreements with Everi, Buyer, and Buyer Sub (the “Transaction Agreements”), pursuant to which the Parent will separate all of the assets and substantially all of the liabilities of IGT Gaming from the Global Lottery business such that they are owned and assumed directly or indirectly by Spinco (the “Spinco Business”), and then sell the Spinco Business to Buyer in an all-cash transaction (the “Proposed Transaction”). Refer to the “Separation and Sale of IGT Gaming” below and the “Notes to the Consolidated Financial Statements—3. Discontinued Operations and Assets Held for Sale” for more information. The Company has not made, nor does it have in progress, any other capital expenditures or divestitures that were not in the ordinary course of business.
Separation and Sale of IGT Gaming
As previously disclosed in the Company's 2023 Form 20-F,