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Report publishedGiG plans €16.4m acquisition of 80% stake in 888AFRICA
GiG Software plans to buy 80% of 888AFRICA from evoke subsidiary Virtual Emerging Entertainment Limited for approximately €16.4m. GiG approved an €8.5m fundraising through shares and convertible loans to support the initial payment. The transaction requires further approvals and definitive agreements, while founders would retain the remaining shares and management involvement.
Also in this report: GiG Software · 888AFRICA · evoke