evoke agrees to acquire 51% of Romania’s Winner business for €10m
evoke announced an agreement to combine its Romanian business with New Gambling Solutions, operator of Winner.ro, and take a 51% stake in the enlarged company. evoke said it would contribute its Romania business and €10m in cash; completion was expected in Q3 2024, subject to regulatory clearances. The stake could rise to 57% under a 2026 earn-out, with an option to acquire the remainder from the third anniversary of completion.
The proposed combination gives evoke a majority stake in an enlarged Romanian business, subject to regulatory clearance.