By The Weekly Edge desk ·
NEXT.io reported that Evolution EVO · SEK 800.00 2026-10-16 Data chief executive Martin Carlesund warned some regulated-market channelisation rates had fallen to around 50%. His warning concerns gambling activity remaining within licensed channels.
The statement points to activity outside licensed channels in some regulated markets.
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The transaction faces possible termination as its agreed closing period expires.
The supplier plans no UK strategic change following the settlement.
Shareholders face an offer below Evolution’s current trading price, with the board advising them to decline.
Evolution’s board rejection signals to investors that it considers Candle Lake’s mandatory takeover offer below the company’s value.
Crossing the ownership threshold required Candle Lake to make a takeover offer.
The shareholding increase triggers a takeover-offer obligation for Candle Lake.