Mgm resorts international announces offer to acquire global online gaming company leovegas

Continuing our success and growth in digital gaming, mgm resorts is expanding internationally with the acquisition of leovegas leovegas' global presence, strong team and technology capabilities to drive mgm resorts' digital gaming and sports betting international development las vegas , may 2, 2022 /prnewswire/ -- mgm resorts international (nyse: mgm) ("mgm resorts" or the "company") today announced that it has commenced a recommended public tender offer for 100% of the shares of leovegas ab (publ) ("leovegas") at a price of sek 61.00 in cash per share, equivalent to a total tender value of approximately $607 million i. the acquisition will be financed with existing cash and is expected to be accretive to mgm resorts' earnings and cash flow per share.
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