Tag Archives: neogames

Aspire Global delists from Stockholm Nasdaq.

SBC News Aspire Global delists from Stockholm Nasdaq.

Aspire Global has announced that its application to delist from the Nasdaq First North Premier Growth Market has now been approved by the Stockholm Nasdaq. On June 15, 2022, following a request from its then takeover bidder NeoGames, Aspire detailed that it had lodged an application to be omitted from trading. Under the terms of the acceptance, the last day of trading in …

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NeoGames’ acquisition of Aspire expected in August as tender completed

SBC News NeoGames’ acquisition of Aspire expected in August as tender completed

NeoGames has detailed further progress on its acquisition of Aspire Global, announcing the competition of a previously announced tender offer.  The $480m transaction is now expected to finalise on 11 August 2022, with 99.31% of Aspire’s shares tendered so far. NeoGames had extended its acceptance period for Aspire shareholders to 14 June, with the expected settlement date set for the …

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NeoGames edges closer to takeover as Aspire applies for Nasdaq delisting

SBC News NeoGames edges closer to takeover as Aspire applies for Nasdaq delisting

Aspire Global has applied for delisting of its shares from the Nasdaq First North Premier, following a request from takeover bidder NeoGames. The decision was made by the B2B igaming solutions provider’s Board of Directors due to the latter company now controlling 98.25% of Aspire’s outstanding shares and votes.  NeoGames had extended the acceptance period for its offer to the …

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Aspire Global revenue climbs to €46m as momentum maintained on B2B refocus

SBC News Aspire Global revenue climbs to €46m as momentum maintained on B2B refocus

Aspire Global has maintained ‘continued strong business momentum’ in the first quarter of 2022 according to CEO Tshashi Maimon, as the group prepares to move forward with its €410 million merger with NeoGames. The international B2B gambling group recorded an increase in Q1 revenues of 31.7% to €46.3 million (Q1 2021: €35.2m), along with a rise in EBITDA of 18.7 …

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Aspire Global lauds B2B reorientation whilst continuing to back NeoGames takeover

SBC News Aspire Global lauds B2B reorientation whilst continuing to back NeoGames takeover

Aspire Global has cited the success of its renewed focus on B2B operations, following the divestment of its B2C divisions towards the close of last year, whilst continuing to recommend NeoGames takeover bid to its shareholders.  As detailed in its Q4 and full-year trading report, the Nasdaq-listed gaming solutions provider highlighted a revenue increase of 14.7% during the final quarter …

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Aspire accepts NeoGames €410m takeover offer

SBC News Aspire accepts NeoGames €410m takeover offer

The board of Aspire Global Plc has this morning ‘unanimously recommended’ an SEK 111 (€11) per share bid to shareholders, made on the behalf of NeoGames SA.  The public tender offer values Aspire Global at a deal equivalent of SEK 4.3 billion (€410m), representing a 41% premium on the firm’s 17 January closing trading price on the Nordic Nasdaq Exchange …

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William Hill cites tax increases for £21m drop in profits

SBC News William Hill cites tax increases for £21m drop in profits

William Hill CEO James Henderson has described the past six months as a period of ‘significant regulatory and taxation change for the industry’ as the bookmaker reported a 30% drop in profits after tax to £69.5m. Despite group net revenue marginally growing, even against 2014 World Cup comparatives, operating profit dropped 12% to £155.7m for the first half. Group net …

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