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IN BRIEF: Bally's shareholders back Gamesys takeover

1st Jul 2021 20:19

Gamesys Group PLC - London-based gambling software firm - US casino group Bally's Corp, which is planning to takeover Gamesys, says deal backed by shareholders at meeting on Wednesday. Gamesys shareholders have also approved deal. In deal announced in April, Bally's will pay 1,850 pence per share in cash for London-based gambling software maker Gamesys, through a scheme of arrangement.

Bally's says scheme remains subject to court sanction and the satisfaction of other conditions. Scheme expected to become effective in fourth quarter of 2021.

Current stock price: 1,845.00 pence

Year-to-date change: up 62%

By Lucy Heming; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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