Tokyo-listed Sega Sammy Holdings is set to enter the iGaming sector after signing a definitive agreement to acquire platform provider and operator GAN.
Sega Sammy will acquire GAN’s shares for $1.97 per share, equivalent to a premium of 121 per cent over the $0.89 closing price of GAN’s shares on Tuesday.
The company believes that GAN’s iGaming business complements the customer base and content development capabilities of its wholly owned subsidiary Sega Sammy Creation (SSC), which provides [...]
