By SectorWire desk ·
Evolution EVO · SEK 800.00 2026-10-16 Data said its planned merger with Galaxy Gaming would no longer proceed. The agreement ended after its official deadline expired.
The termination removes the planned combination of Evolution and 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 authorisation permits Galaxy Gaming to repurchase shares following the cancelled merger.
The cancelled purchase leaves Galaxy Gaming due a termination payment from Evolution.
The termination ends Evolution’s planned acquisition of Galaxy Gaming.
The merger ends while the companies’ existing commercial relationship continues.