Pollard Banknote Limited has signed a definitive agreement to acquire 100% of the equity of Next Generation Lotteries AS (NGL), a provider of lottery management and ilottery technology. The acquisition purchase price is €36m, prior to standard working capital adjustments and certain deferred cash considerations, of which €32m will be payable at the time of closing. The remaining €4m of which will …
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The management of mkodo has this morning issued a corporate statement confirming that it has reached a binding agreement to be acquired by Canadian commercial printing firm Pollard Banknote Limited. Deal terms will see Pollard Banknote pay an initial £7.8 million sum for mkodo assets and IPs, prior to standard capital adjustments. The acquisition will feature further earn-outs based on …
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Issuing a market update, Canadian gambling investment firm Pollard Equities has moved to increase its stake in Toronto TSX-listed gaming/betting technology firm NYX Gaming Group. Pollard Equities the majority owner of lottery tickets supplier Pollard Banknote has executed the right to purchase 4 million fixed priced warrants/options of NYX Gaming’s ordinary shares. Detailing the transaction, Pollard will pay a fixed price …
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