Moody’s Investors Service has labelled the proposed purchase of Evoke Plc by Bally’s Intralot a positive development for the struggling operator, saying the deal would ease refinancing pressure and improve liquidity conditions post-acquisition.
Moody’s Investors Service has expressed optimism regarding Bally’s Intralot's acquisition of Evoke Plc, noting that the £243 million ($325 million) deal will alleviate debt pressure and enhance liquidity after the acquisition.