Stockholm-listed operator and B2B supplier Cherry has received a SEK9,193m (€805.1m) takeover offer from European Entertainment Intressenter, a company jointly controlled by a consortium consisting of private equity firm Bridgepoint Advisers and a number of Cherry shareholders.
Except for Bridgepoint, all members of the consortium are shareholders in Cherry and include Betsson CEO Pontus Lindwall and Cherry chairman Morten Klein, among others.
EE Intressenter does not currently own any shares in Cherry, although members of the consortium [...]