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SNAI agrees merger with Italian rival Cogemat Group

6th May 2015 1:55 pm GMT

Italian gaming operator SNAI has entered into an agreement to merge with Cogemat Group, a rival operator in the Italian gaming market which operates under the Cogetech brand.

SNAI has agreed terms with OI Games S.A and OI Games 2 S.A, Cogemat’s majority shareholders, to integrate the Cogemat/Cogetech Group’s businesses into its operations.

The company had previously attempted to acquire Cogetech for €140m in February 2012, but was forced to withdraw its offer after receiving a €210m [...]

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