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Cherry increases stake in Highlight Games

8th August 2018 9:03 am GMT

Stockholm-listed gaming operator Cherry has increased its shareholding in virtual sports specialist Highlight Games by £5.4m.

Cherry has exercised its option to acquire a further 7.8 per cent stake in the business at a total purchase price of £5.4m, and has also acquired shares corresponding to 15.1 per cent of Highlight Games from parties not active in the company.

Following the transactions, Cherry now owns a 60.4 per cent majority stake in Highlight Games, with the supplier [...]

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