Bally’s Intralot offers to acquire evoke in £243.1 million deal
Bally’s Intralot submitted a binding offer for all outstanding evoke shares, with both companies’ boards approving the terms, according to the report. The proposed share exchange is 0.537 new Intralot shares per evoke share, with a cash alternative capped at £117.1 million. The deal remains subject to shareholder, regulatory and financing conditions, with completion targeted between Q4 2026 and Q1 2027.
The proposed takeover and associated financing arrangements could change ownership of evoke, but completion depends on multiple approvals and conditions.