The Swedish based online gaming supplied, NetEnt has accepted a £1.6 billion offer from Evolution Gaming for the business. They accepted an offer of 43% premium on their shares from Evolution Gaming.
Evolution Gaming in a statement said that some 45% of all voting rights at NetEnt had accepted the offer and another 23% of the remaining voting block of NetEnt had expressed their intention to vote in accepting the offer.
The deal is expected to be completed by the 2nd of November 2020 and both companies think that they with their US reach can become a powerhouse in expanding US market over the coming years.