The U.K. Competition and Markets Authority approved Evolution Gaming’s purchase of the Swedish online gaming company NetEnt. In June, NetEnt accepted an SEK19.6 billion (US$2.3 billion) offer from Evolution.
“The other conditions for completion of the offer, which are included in the offer document that was published on August 20, 2020, remain unchanged and are still applicable,” the agency said.
The acceptance period for the offer expired on November 20. Assuming that the offer is declared unconditional no later than November 23, settlement is expected to commence around December 1, according to SBCNews.
The acquisition has already gained a seal of approval from the Malta Competition and Consumer Affairs Authority in September.
