Evolution Gaming to acquire NetEnt for £1.6 billion

Evolution Gaming is about to acquire NetEnt in a £1.6 billion deal. NetEnt has accepted the offer from the Swedish online game supplier as it offered a 43 percent premium on the share prices. This offer seemed too good to let go, and NetEnd decided to accept it without any delay.

In an official statement, Evolution Gaming said that around 45 percent of voting rights at NetEnt have accepted the offer. Now, an additional 23 percent of the voting block at NetEnt is ready to accept the offer.

The two companies believe that their reach in the US, when combined, would help them expand in the US at a much faster rate. The deal will be finalized by the 2nd of November this year.

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