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Read a statement from Hillman…“We are now entering the next phase of the integration with Red Tiger Gaming Limited, whose sellers are also becoming shareholders of NetEnt AB.51 million) tranche of B-shares before being followed in twelve months’ time by an identical instalment.08 million (....
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32 million new B-shares for the original investors in Red Tiger Gaming.49 million (.The recently inked deal will see the iGaming provider and aggregator supply its comprehensive portfolio of in-house developed and third-party casino content to the online sports betting and online casino operator....
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”Investor involvement:NetEnt AB used a second press release to detail that the success of its acquisition has additionally prompted it to speed up the payment of an earn-out consideration agreed with the original shareholders in Red Tiger Gaming Limited worth some £23 million (.44 million) but result in annual savings of around £12.Swedish online casino games developer NetEnt AB has announced that it will be significantly reducing its workforce as a result of better-than-expected synergies with the Red Tiger Gaming Limited concern it purchased last autumn....
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