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Jadestone completes management buy-out from Paf

20th December 2011 9:09 am GMT

Swedish skill gaming and casino games provider Jadestone has completed a management buy-out from its parent company, Åland’s Paf, as the company looks to continue its focus on B2B gaming platforms.

Paf became one of Jadestone’s largest shareholders in 2006 following a €5m investment. The two companies had previously worked together to establish the joint gaming company, GamArena AB, the multiplayer skill games operator.

Following the management buy-out, Jadestone is now fully owned and controlled by its [...]

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