By SectorWire desk ·
The report said that Galaxy Gaming is considering extending or ending its merger agreement with an Evolution EVO · SEK 800.00 2026-10-16 Data subsidiary after the planned closing date passed. Neither side had terminated the agreement.
The proposed merger remains unresolved while Galaxy evaluates an extension or termination.
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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 termination ends Evolution’s planned acquisition of Galaxy Gaming.