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Cherry acquires 25% stake in virtual sports specialist Highlight Games

15th May 2017 6:01 am GMT

Stockholm-listed gaming operator and supplier Cherry has agreed to acquire an initial 25 per cent stake in virtual sports developer Highlight Games.

Cherry will pay an initial £2.4m for the 25 per cent stake, primarily made up of newly issued shares, and will gain the option to increase its shareholding to 51 per cent.

"We believe that Highlight Games has significant development and revenue generating potential, which we can help it achieve within [...]

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