Eastern European gaming operator Fortuna Entertainment Group's acquisition of four Romania-facing operators has hit a snag after investment firm Templeton Emerging Markets Group filed for an injunction to block shareholders from voting on the proposed deal.
Templeton, a division of Templeton Asset Management which represents investors with a 10.5 per cent stake in the operator, has also warned investors that an offer by majority shareholder Fortbet Holdings to take full control of Fortuna's business is too low.
It [...]