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FASTFORWARD INCREASES STAKE IN LEAP GAMING
06th June, 2016 at 21:42:57
Exercises option for additional 11.75 percent
FastForward Innovations Ltd (FastForward) has exercised its option to secure an additional 11.75% stake in virtual sports and casino provider Leap Gaming.
readers will recall FastForward secured an initial 29.4% stake in Leap Gaming parent company Frails LLC back in April 2016 for a $2.5 million consideration.
On completion of the deal FastForward will own a 41.5% stake in Leap Gaming for a total consideration of $3.5 million.
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