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Gaming Innovation Group eyes acquisitions after raising new funds

5th January 2016 7:19 am GMT

Oslo-listed operator and service provider Gaming Innovation Group (GIG) is looking to raise gross proceeds of NOK45m (€4.7m) which it says will enable the company to step up efforts to pursue strategic growth opportunities.

GIG will issue 23,000,000 new shares at a price of NOK1.95 per share to Swedbank Robur Fonder, one of the largest mutual fund managers in the Nordic region. The pricing of the new shares is based on the volume-weighted average price in [...]

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