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’Advantageous amalgamation:Moreover the holder of a majority stake in Maltese online casino operator Shogun Group, Enlabs AB described Global Gaming 555 AB as ‘a challenger in the iGaming industry’ that has been ‘delivering innovative and safe gaming services’ in jurisdictions including Finland and Estonia.The Stockholm-headquartered enterprise used an official Monday press release (pdf) to detail that the mandatory public offer was required after it spent roughly 1,890 late last month in order to buy a further 27.Baltic-facing online casino operator Enlabs AB has announced the filing of an official tender that would see it hand over approximately ....

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The also firm explained that this transaction took its total interest in the Malmo-based rival to slightly beyond 54% although it has since bought an additional tranche to take its aggregate shareholding up to 66. The enterprise additionally declared that the successful completion of the transaction will allow it to take advantage of ‘economies of scale and cost savings’ reaching as high as .48 million....

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The also firm explained that this transaction took its total interest in the Malmo-based rival to slightly beyond 54% although it has since bought an additional tranche to take its aggregate shareholding up to 66.8 million a year by merging the pair’s operations, know-how and staff.82 million in cash and stocks so as to fully acquire fellow Swedish iGaming firm Global Gaming 555 AB....

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