Baltics

Enlabs Receives Competition Authority Approval for Global Gaming Acquisition

Published

5 years ago

October 15, 2020

Niji Narayan

Enlabs Receives Competition Authority Approval for Global Gaming Acquisition

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Enlabs has received approval from the Estonian Competition Authority to proceed with its acquisition of Global Gaming.

The approval from the competition authority was the only condition standing in the way of the Baltics-facing online operator’s offer, which was published in September. Now, the condition is fulfilled and Enlabs, therefore, declares the offer unconditional and will complete the offer.

The last day to accept the offer is 2 November 2020. The payment of the consideration is expected to begin around 6 November 2020.

Enlabs reserves the right to extend the acceptance period for the offer, as well as to bring forward or postpone the time for payment of consideration.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.