By The Weekly Edge desk ·
CDC Gaming reported that Galaxy Gaming is considering extending or ending its merger agreement with an Evolution EVO · SEK 800.00 2026-10-16 Data subsidiary after the planned closing date passed. Neither side had terminated the agreement.
The proposed merger remains unresolved while Galaxy evaluates an extension or termination.
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The filing brings Evolution’s regulatory settlement and abandoned acquisition into the dispute.
The acquisition will not proceed and Evolution must pay Galaxy Gaming a termination fee.
The authorisation permits Galaxy Gaming to repurchase shares following the cancelled merger.
The termination removes the planned combination of Evolution and Galaxy Gaming.
The termination ends the planned merger and creates a fee obligation.
The merger ends while the companies’ existing commercial relationship continues.