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Cherry exercises option to increase stake in Almor Holding

1st May 2018 9:16 am GMT

Swedish gaming operator Cherry plans to exercise its option to acquire an additional 7.5 per cent shareholding in Malta-based Almor Holding, operator of the German-facing Sunmaker and Kingplayer betting and gaming brands.

Cherry currently holds an 82.5 per cent stake in the business, which it has built up since its first acquisition of a 71 per cent stake in 2015. 

With the decision to exercise its option to acquire an additional 7.5 per [...]

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