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Bridgepoint Offers £802 Million for Cherry Gaming Group
Stockholm-listed online gambling group Cherry AB has received an £802 million takeover offer from a consortium led by British private equity firm Bridgepoint. An independent bid committee established by Cherry has recommended that its shareholders accept the public offer of SEK87 (£7.59) per share submitted by European Entertainment Intressenter Bidco, a company jointly controlled by Bridgepoint Advisers.
