Evolution Gaming Moves To Acquire NetEnt For $2.3 Billion

Author: Live Casino Direct
 
Evolution Gaming Moves To Acquire NetEnt For $2.3 Billion
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EvolutionGaming is pursuing a $2.3 billion deal to acquire all shares of Netent. NetEnt shareholders indicated early Wednesday that they will approve the offer.

Evolution Gaming Moves To Acquire NetEnt For $2.3 billion. Evolution is already the market leader in live casino gaming. Net Ent is one of the world's largest online slots suppliers.

Evolution Gaming Moves To Acquire NetEnt For $2.3 Billion. The deal is expected to close on Nov. 2. It will create annual synergies of $34 million thereafter.

Evolution was worth nearly $11 billion before the acquisition plans were announced. Regulus Partners suggested the deal could dilute Evolution's focus on its core live casino business.