Announced
Synopsis
Helikon Investments, a UK headquatered Investment manager, agreed to invest £30m in Intuitive Investments Group, a closed-end investment company. "The combination of major institutional investment from Helikon, and state-endorsed partnerships such as the China Financial Certification Authority confirms Hui10's unique strategic position at the heart of China's lottery transformation and sports development. This funding gives Hui10 the financial resources to deliver at national scale, with both commercial reach and regulatory credibility. It is a major milestone for IIG and a validation of our strategy to invest in platforms with long-term growth potential," Nigel Rudd, IIG Chairman.
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