By SectorWire desk ·
The report said that Evolution EVO · SEK 800.00 2026-10-16 Data terminated its agreement to acquire Galaxy Gaming. The proposed transaction valued the casino games supplier at around $85m and followed a two-year pursuit.
The termination ends Evolution’s planned acquisition of Galaxy Gaming.
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The filing brings Evolution’s regulatory settlement and abandoned acquisition into the dispute.
The acquisition will not proceed and Evolution must pay Galaxy Gaming a termination fee.
The termination removes the planned combination of Evolution and Galaxy Gaming.
The authorisation permits Galaxy Gaming to repurchase shares following the cancelled merger.
The cancelled purchase leaves Galaxy Gaming due a termination payment from Evolution.
The merger ends while the companies’ existing commercial relationship continues.