London-listed JPJ Group has completed the acquisition of various business assets of Gamesys to begin a new era as Gamesys Group.
JPJ Group entered into an agreement in June to acquire Gamesys, excluding sports brands and games, for £250m in cash and 33.7m newly issued shares.
As the acquisition constitutes a reverse takeover under the UK’s Listing Rules, the company's existing securities on the London Stock Exchange have been cancelled and readmitted this morning, with the company [...]