Completion of 888AFRICA Acquisition

Acquisitions

▤ Summary

GiG Software has completed its acquisition of an 80% stake in 888AFRICA after meeting all conditions in the share purchase agreement. The deal totals 16.4 million, with 6.1 million paid at closing and the remainder due in installments over 10 months. GiG says the acquisition expands its reach into regulated African markets and adds immediate scale, geographic diversification, and product leadership. The combined group now gains a profitable operator with a strong presence in Mozambique and licensed operations in Angola and Tanzania.

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Sectors
Media and Entertainment Gaming
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