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Sega Sammy Revises GAN Limited Acquisition Timeline

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Sega Sammy Revises GAN Limited Acquisition Timeline

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Sega Sammy Holdings ( (JP:6460) ) has shared an update.

Sega Sammy Holdings has announced a revised closing schedule for its acquisition of GAN Limited, a company organized in Bermuda and listed on Nasdaq. The change is due to delays in obtaining necessary regulatory approvals in certain jurisdictions, though approvals in some regions have been secured. The acquisition’s closing has been postponed from the third or fourth quarter of the fiscal year ending March 2025 to the first quarter of the fiscal year ending March 2026. This delay is not expected to significantly impact Sega Sammy’s financial results for the fiscal year ending March 2025, and further details will be shared upon the acquisition’s completion.

More about Sega Sammy Holdings

Sega Sammy Holdings Inc. operates in the entertainment industry, focusing on gaming and amusement services. Its primary products include video games, gaming machines, and arcade games, catering to a global market with a strong emphasis on innovation and interactive entertainment experiences.

YTD Price Performance: 7.44%

Average Trading Volume: 150

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $4.48B

For an in-depth examination of 6460 stock, go to TipRanks’ Stock Analysis page.

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