Announced
Financials
Tags
gaming systems
Acquisition
Pending
Friendly
Tender Offer
Public
Single Bidder
Sweden
Majority
Casinos and Gambling
Domestic
Synopsis
Evolution Gaming, a Live Casino studio facilities operator, agreed to acquire NetEnt, a supplier of digitally distributed gaming systems, for $2.1bn. NetEnt shareholders will receive 0.1306 Evolution shares for each NetEnt share. "This strategic deal marks a significant step towards Evolution’s long-term vision of becoming the global market leader in the online casino industry. The combination of Evolution’s strong offering in Live Casino with NetEnt’s leading position in online slots will result in a world-class portfolio of online games that will enable us to serve a growing customer base," Jens von Bahr, Evolution Chairman. On November 16, 2020: Evolution Gaming got the UK Competition approval for NetEnt buy.
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