International edition
September 23, 2020

Its share prices fell to its lowest price since March

Inspired Gaming takeover talks ongoing

(UK).- Inspired Gaming said potential takeover talks with investment company FL Group were still ongoing, but warned that under the current trading conditions there could be no certainty that any offer would be forthcoming. Its share prices have fallen to its lowest price since March.

T

he UK-based amusement and gambling machine maker made the statement to assuage market concerns, which had seen its share prices fall to its lowest price since March.

Despite a brief rally on receipt of the news, shares remained 17 per cent down at the close of trading yesterday.

Inspired Gaming announced in September it had received an indicative offer, which valued the company at us$ 548 million from an unnamed financial institution. The statement concluded, saying that further announcements would be made as and when appropriate.

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook