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SNAI confirms acquisition of rival Cogetech

3rd January 2012 10:05 am GMT

Italian gaming giant SNAI has signed an agreement to acquire at least 96 per cent of rival operator Cogetech for a sale consideration of approximately €140m as it looks to strengthen its position in the Italian sports and horse race betting market and become a significant force in the amusement machine segment.

Cogetech is one of Italy’s main concession holders in the amusement machine management sector, with more than 38,000 AWP machines currently in operation across [...]

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