Cherry exercises option to acquire a further 12.5% of the shares of Highlight Games
Cherry AB (publ) – STO: CHER-B.ST – has today decided to exercise its option to acquire an additional 12.5 percent of the shares of Highlight Games Ltd for a purchase price of GBP 2.5 million. Cherry’s total ownership in Highlight Games after the exercise will amount to 37.5 percent. The purchase is financed by cash.Highlight Games offers a unique and patented product, together with multi-year rights to use footage from historical football matches to create unique virtual sports content. Currently, preparations are underway for the launch of the company’s innovative gaming products for the