Delta Corp Completes Adda52 Merger

Gaming operator Delta Corp. has completed its merger with Gauss Networks, the holding company of Adda52, one of India’s leading poker sites. The merger received approval from India’s National Company Law Tribunal.

Gaming operator Delta Corp. has completed its merger with Gauss Networks, the holding company of Adda52, one of India’s leading poker sites.

The merger received approval from India’s National Company Law Tribunal according to a regulatory filing to the country’s Stock Exchange.

Delta Corp said in a press release that it has completed the purchase of 2,501 equity shares and 10,753 compulsorily convertible preference shares of Gauss Networks, representing 25.99 percent of its total share capital, according to a report at agbrief.com.

The merger was first announced in October 2016. Shareholders approved the merger in March.

Delta Corp also recently announced it would be expanding its online rummy platform and plans to add fantasy sports and other games through the Adda52 brand.

 

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