May 3, 2013

M&A

Fylgia advises Mr Green & Co AB

green chair

Advokatfirman Fylgia, through lead partner Dimitrij Titov and lawyer Joacim Öhlund, has advised Mr Green & Co AB (publ) in connection with its acquisition of shares in Green Gaming Group Plc ("GGG"). Following the acquisition, Mr Green & Co AB's ownership increased to 51.48% of the votes and capital in GGG, making GGG a subsidiary of Mr Green & Co AB.

GGG operates the online casino MrGreen.com in Malta through its wholly owned subsidiary, Mr Green Ltd.
The purchase price, amounting to SEK 243.6 million, was entirely financed through a long-term loan by Mr Green & Co AB. After the transaction, the book value of Mr Green & Co AB’s holding in GGG totals SEK 365.6 million.

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