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    Evolution board of directors swiftly tells shareholders to reject Candle Lake offer

    Evolution's board of directors has swiftly recommended shareholders reject Candle Lake's mandatory offer to take the company private. The bid, valued at SEK131.7bn (£10.21bn) or SEK695 per-share, was made by Kenneth Dart's investment vehicle. Evolution's leadership advises against the offer, indicating a desire to remain a publicly traded entity.

    Summary based on reporting by SBC News, 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.