MGM Resorts has notified this afternoon that its public tender offer has been accepted by 96% of LeoVegas AB shareholders. Initiated on 2 May, the board of MGM proposed an SEK 61 (€5.90) cash-per-share takeover offer to acquire LeoVegas outright at a deal consideration of approximately $604m (€600m). Securing LeoVegas investor approval, MGM governance announced that settlement of the share …
Read More »