Enlabs: Intend to Make Public Offer
Redeye notes that Enlabs has acquired additional shares in Global Gaming, and now owns 54% of the shares. Enlabs intends to make a mandatory public offer at SEK 11 per share for the remaining shares within four weeks. We view the acquisition as a strategic play by Enlabs. The company likely sees substantially synergies as well as a good chance for relaunching Ninja Casino in Sweden.