Business Europe

Evoke faces £225m takeover bid

Evoke faces £225m takeover bid

The 50p-per-share approach has sent Evoke's stock into focus as the company considers its options in a challenging market.

Bally's Intralot, which also sponsors Nottingham Forest, aims to expand its footprint in the UK market through the acquisition.

Evoke had effectively put itself up for sale late last year following a significant slump in profits and a strategy reset.

Shareholders are now weighing the offer against the company's long-term turnaround plans and the current macroeconomic conditions affecting the entertainment sector.