12:00 AM EDT, 05/26/2026 (MT Newswires) -- Maximum Entertainment's (MAXENT-B.ST) proposed takeover by US-based holding company Olivine Holdings was declared unconditional following satisfaction of all required conditions. Olivine Holdings received valid acceptances for 39,259,951 Maximum Entertainment shares, corresponding to 76.81% of the latter's share capital at the end of the acceptance period on May 22. Settlement of these shares will take place by Friday. Furthermore, Olivine Holdings resolved to extend the acceptance period to June 8 for a higher acceptance level, and the settlement of shares under this extended period is anticipated by June 15. The Swedish entertainment company noted that Olivine Holdings decided not to increase its 0.30 krona per share offer and plans to initiate compulsory redemption procedures for the remaining shares following the acquisition of more than 90% ownership in the company. Maximum Entertainment's series B shares are also planned to be delisted from the Nasdaq First North Growth Market.

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