Brief: Fragbite Group Pauses Acquisition, Keeps Collaboration Ongoing

Fragbite AB (publ)

28/11/2025 07:34

Nov 28 (Reuters) - Fragbite Group AB (publ) FRAGBI.ST:

SAID ON THURSDAY COMPANY CONCLUDED NEGOTIATIONS CONCERNING ACQUISITION OF SUBSTANTIAL SHARE OF COMPANY IN IGAMING SECTOR

BOD ASSESSED THAT THE BEST FORM OF CONTINUED COLLABORATION DOES NOT AT PRESENT INVOLVE FRAGBITE GROUP MAKING FURTHER INVESTMENTS IN THE TARGET COMPANY

BOTH PARTIES ARE OPEN TO RESUMING THE DIALOGUE REGARDING A POSSIBLE INCREASE IN FRAGBITE GROUP'S OWNERSHIP STAKE AT A LATER TIME

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