HomeNewsRussiaSuncity completes acquisition of nearly 70% of Summit Ascent

Suncity completes acquisition of nearly 70% of Summit Ascent

October 15, 2020

Suncity has now increased its stake in Summit Ascent from approximately 24.7 percent before the recent rights issue to approximately 69.7 percent, taking a controlling stake in the operator of Tigre de Cristal in the Russian Far East.

Suncity Now Holds 69.66% of Summit Ascent After Rights Issue (press release)

Tags
acquisition
controlling share
latest news
Mergers & Acquisitions

AGBrief Editorial https://agbrief.com/about-asia-gaming-brief/

The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.