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Amsterdam courts bars Fortuna from voting on proposed acquisition

25th April 2017 9:41 am GMT

Prague-listed gaming operator Fortuna Entertainment has been barred by an Amsterdam court from putting its proposed acquisition of a number of Romanian gaming companies to a vote at an extraordinary meeting of shareholders scheduled for Wednesday.

The enterprise division of the Amsterdam Court of Appeals ruled Monday in favour of Franklin Templeton Investment Funds, a 10.5 per cent shareholder in Fortuna, which filed an injunction last week seeking to prevent the vote by shareholders.

The investment fund [...]

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