Rank Group PLC said it has completed the acquisition of London-listed peer Stride Gaming PLC, whose shares have now been temporarily suspended.

In May, FTSE 250-lised Rank had made a 151 pence per share offer, valuing Stride at GBP115.3 million.

Rank Chief Executive John O’Reilly said: “Today marks a significant day for Rank. This acquisition delivers a proprietary technology platform and highly experienced team which will accelerate the transformation of Rank and create one of the UK’s leading online gaming businesses. Our focus now turns to ensuring we successfully integrate Stride into Rank and realise the potential of our new enlarged digital business.”