Cherry Completes Acquisition 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 fellow video gaming company. The said consideration had been compensated both in B-shares and money free online casino games.
Cherry noticed that the acquisition that is latest would strengthen its market position in the growing Scandinavian gambling market with the help of currently established brands like ComeOn it self, Folkeautomaten, Mobilbet, and Casinostugan. The Swedish gambling operator also said that the transaction will have a sudden positive influence on its profits per share.
Underneath the regards to the purchase deal, Cherry should be able to purchase olg online casino the staying 51% desire for its gambling that is fellow company. The operator has revealed that the choice may be exercised between 1, 2016 and December 31, 2016 october. The overall issue is likely to total at the most €280 million.
Commenting regarding the latest statement, Cherry CEO Fredrik Burvall said that now as the transaction is completed, the 2 businesses will combine efforts to optimize ‘common values and customer offerings’ with all the purpose of olg casino online bolstering their common operation. The official emphasized on the prerequisite for the 2 businesses to schedule the process in order to be sure that the last integration will get swiftly and royal vegas online casino efficiently when the time because of it comes. Read more “Cherry Online Casino With Free Bonus Without Deposit Completes Acquisition of 49% Stake in ComeOn”