Inspired Gaming Receives £270 Million Takeover Approach from Unnamed Suitor

7 September 2007

U.K.-based Inspired Gaming (Inspired) announced this morning that it had received an indicative takeover offer worth a reported £270 million from an unnamed financial institution.

On news of the proposal, shares in the London-listed group jumped 29.25p to 370.

A source close to the deal told Reuters that an Icelandic-based financial institution had made the 385 pence-per-share offer.

Inspired, which specializes in the production of gaming machines and open server-based gaming software systems, specified however that there is no guarantee that the proposal would result in an offer being made for the company.