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2 months ago
BRIEF-Cherry acquires significant stake in Highlight Games
May 12, 2017 / 2:44 PM / 2 months ago

BRIEF-Cherry acquires significant stake in Highlight Games

1 Min Read

May 12 (Reuters) - CHERRY AB (PUBL):

* SAYS HAS SIGNED AN AGREEMENT TO ACQUIRE 25 PCT OF GAMING TECHNOLOGY COMPANY, HIGHLIGHT GAMES LIMITED, WITH AN OPTION TO ACQUIRE A FURTHER 26 PCT

* PURCHASE PRICE FOR CHERRY’S INITIAL 25 PCT STAKE AMOUNTS TO GBP 2.4 MlN, WITH 20 PCT FOR NEW ISSUED SHARES IN HIGHLIGHT GAMES AND 5 PCT PURCHASED FROM AN EXISTING SHAREHOLDER

* HIGHLIGHT GAMES DEVELOPS VIRTUAL GAMES FOR ONLINE AND RETAIL GAMING OPERATORS

Source text: bit.ly/2qzYAC6

Further company coverage: (Gdynia Newsroom)

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