IGT announces a public cash offer to the shareholders of Entraction


IGT has announced a public cash offer to the shareholders of Entraction to acquire all outstanding A and B shares of Entraction.

IGT is the leading company in developing computerized gaming equipment, software, and network systems worldwide. Entraction is an online gaming platform and one of the world's foremost suppliers of products and services to companies wishing to offer online gaming and manages one of the leading poker networks in the world. 

Gernandt & Danielsson advised Entraction in the transaction. The transaction and regulatory teams were led by partners Manfred Löfvenhaft and Ola Wiklund. They were assisted by partner Carl Westerberg. The teams consisted of associates Rolf Larsson, Malin Persson, Leo Lee and Adrian Della Morte Pålstam.

 

Updated 16 May 2011

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