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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Linked through shared companies, regulators and people, or one step further through the graph.
The transaction faces possible termination as its agreed closing period expires.
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.
The increased stake requires Candle Lake to make an offer or cut its ownership.