Cherry Completes Acquisition casino games online free of 49% Stake in ComeOn
Swedish gambling operator Cherry AB announced that the acquisition has been completed by it of a 49% stake in ComeOn Malta Ltd. Cherry paid a total consideration of €80 million for its other gaming company. The stated consideration ended up being paid both in B-shares and money.
Cherry remarked that the acquisition that is latest would strengthen its market position in the growing Scandinavian gambling market by the addition of already founded brands like ComeOn it self, Folkeautomaten, Mobilbet, and Casinostugan. The gambling that is swedish additionally stated that the deal could have an instantaneous positive effect on its profits per share.
Beneath the regards to the purchase deal, Cherry will be able to choose the remaining 51% desire for its other gambling company. The operator has revealed that the option might be exercised online casino with free bonus without deposit between 1, 2016 and December 31, 2016 october. The consideration that is overall expected to add up to a maximum of €280 million.
Commenting in the announcement online casino canada real money that is latest, Cherry CEO Fredrik Burvall stated that now while the transaction is completed, the 2 organizations will combine efforts to maximize ‘common values and customer offerings’ with all the goal of bolstering their common procedure. The official emphasized in the prerequisite for the 2 companies to schedule the method to be able free casino games online to ensure that the final integration will go swiftly and efficiently when the time for this comes. Leer más