M&A News

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.

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