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Evolution terminates plan to acquire Galaxy Gaming for $85m

Deals & M&A · SectorWire deskSource published

Summary

Evolution AB has ended its previously announced acquisition of Galaxy Gaming after the deadline to close the transaction passed. Evolution published a notice announcing termination of the deal, and the report was updated to include a response from Galaxy Gaming and Evolution's intention to end the merger.

Why it matters

The collapsed deal leaves Galaxy Gaming's ownership and Evolution's US table-game expansion plans unresolved for suppliers and investors.

End-of-day close Evolution (EVO), SEK, to 31 August 2026
Story date2 June 202631 August 2026

Last close SEK 832.60 on 31 August 2026. SEK 691.40 on the story date (17 July 2026). Range SEK 658.20 to 839.00, axis not from zero. Delayed end-of-day data, not live. Not investment advice.

Cite as: SectorWire, “Evolution terminates plan to acquire Galaxy Gaming for $85m”, 17 July 2026, https://sectorwire.news/item/evolution-dissolves-plan-to-acquire-galaxy-gaming/

Key facts

Shares
Evolutiondown 0.5%1DLatest close · change from previous closeNasdaq Stockholm: EVO · · end-of-day, delayedGalaxy Gamingup 0.2%1DLatest close · change from previous closeOTC: GLXZ · · end-of-day, delayed

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Latest reported results

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Evolution Nasdaq Stockholm: EVO

Quarter ended 30 June 2026 · data retrieved 17 October 2026

Revenue
EUR 517.8mYahoo Finance (data provider, from company reports)
Operating income
EUR 297.8mYahoo Finance (data provider, from company reports)
Explore the report’s connections
Entity mapacquiredoperates inGalaxy GamingEvolutionEvolution–Galaxy GaminBrazil
Entities and relations reported in this entry and our coverage.

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