evoke has confirmed it is in talks following recent media reports. The evoke takeover proposal involves Bally’s Intralot and a potential offer structure. Discussions are ongoing and no firm deal has been agreed yet.
- evoke said it is in discussions with Bally’s Intralot over a possible acquisition of the full share capital. The proposal values the business at 50 pence per share. It is expected to include a mix of shares and a partial cash option.
- The company stressed there is no certainty that a formal offer will be made. It also noted that terms could still change if talks progress further. This keeps the evoke takeover proposal at an early stage.
- Bally’s Intralot must confirm its intentions by 18 May 2026. By that date, it must either announce a firm offer or walk away. The deadline can be extended if both sides agree.
- evoke highlighted that takeover rules differ due to its Gibraltar registration. The UK Takeover Code does not formally apply in this case. A company statement noted: “There can be no certainty that an offer will be made.”
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