Enlabs Receives Competition Authority Approval for Global Gaming Acquisition
Enlabs has received approval from the Estonian Competition Authority to proceed with its acquisition of Global Gaming.
The approval from the competition authority was the only condition standing in the way of the Baltics-facing online operator’s offer, which was published in September. Now, the condition is fulfilled and Enlabs, therefore, declares the offer unconditional and will complete the offer.
The last day to accept the offer is 2 November 2020. The payment of the consideration is expected to begin around 6 November 2020.
Enlabs reserves the right to extend the acceptance period for the offer, as well as to bring forward or postpone the time for payment of consideration.