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Sweden’s Cherry acquires iGaming operator ComeOn

3rd May 2016 7:01 am GMT

Stockholm-listed gaming operator Cherry has agreed a deal to acquire a 49 per cent stake in Malta-licensed operator ComeOn, further strengthening its position in the Scandinavian iGaming market.

Cherry will initially pay €80m for a 49 per cent stake in ComeOn, with €39.8m payable in cash and the balance in newly issued B shares of Cherry.

The company also has an option to acquire the remaining 51 per cent stake in ComeOn for up to €200m, with [...]

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