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    Evolution board calls for shareholders to reject Candle Lake takeover offer

    Evolution board calls for shareholders to reject Candle Lake takeover offer

    Evolution's board of directors has unanimously recommended shareholders reject Candle Lake's mandatory takeover offer of SEK695 per share, stating it significantly undervalues the company. The board believes the offer does not reflect Evolution's strong financial performance, future prospects, or fair market value.

    Summary based on reporting by iGaming Business, which retains all rights to its text and images.

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    Aristocrat posts 13% earnings growth for 2025/2026 FY, returns $1.29 billion to shareholders

    Aristocrat posts 13% earnings growth for 2025/2026 FY, returns $1.29 billion to shareholders

    Aristocrat Leisure Limited reported a 13% increase in normalized earnings per share before amortization (EPSA) in constant currency for the 2025/2026 financial year ended September 30, 2026. The Australian gaming company generated normalized net profit after tax and amortization (NPATA) of A$1.58 billion. During the period, Aristocrat returned approximately A$1.9 billion ($1.29 billion) to shareholders through dividends and share buybacks.