GiG Software Agrees Terms for 888Africa Purchase
GiG Software has outlined plans to acquire a majority stake in 888Africa, a transaction that would bring the company back into the business-to-consumer gambling sector after several years focused solely on B2B operations. The Stockholm-listed supplier announced on 26 August that it had reached agreement on the principal commercial terms to purchase 80% of 888Africa from Virtual Emerging Entertainment Limited (VEEL), a subsidiary of evoke plc. The proposed transaction values the stake at approximately €16.4 million and remains subject to […] The post GiG Software Agrees Terms for 888Africa Purchase appeared first on World Casino News.
GiG Software has outlined plans to acquire a majority stake in 888Africa, a transaction that would bring the company back into the business-to-consumer gambling sector after several years focused solely on B2B operations. The Stockholm-listed supplier announced on 26 August that it had reached agreement on the principal commercial terms to purchase 80% of 888Africa from Virtual Emerging Entertainment Limited (VEEL), a subsidiary of evoke plc. The proposed transaction values the stake at approximately €16.4 million and remains subject to […]
The post GiG Software Agrees Terms for 888Africa Purchase appeared first on World Casino News.
