Updates with completion on ABB, details on price, proceeds

MILAN, Jan 8 (Reuters) - Gamma Intermediate completed the sale of 9.5% of Lottomatica C.MI> through an accelerated bookbuilding process, raising some 300 million euros, the group said on Thursday.

The 24 million shares were sold at 12.5 euros each, Gamma said in a statement.

Following the placement, Gamma Intermediate will retain a stake of 41.9% of Lottomatica and has agreed to a 60-day lock-up for its remaining shares in the gaming group.

Barclays, Deutsche Bank, Goldman Sachs International and J.P.Morgan acted as joint global coordinator and joint bookrunners. Apollo Capital Solutions Europe (ACSE), BNP Paribas and UniCredit acted as joint bookrunners.

(Reporting by Giulia Segreti, editing by Gianluca Semeraro)

((gianluca.semeraro@tr.com; +39 06 80 307 741;))