---
title: "Billionaire Dart Triggers Mandatory Bid for Evolution After Stake Increase"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293912623.md"
description: "Kenneth Dart, the reclusive billionaire whose family owns the Solo plastic cup brand, bought an additional stake in Evolution AB, triggering a mandatory takeover offer for the Swedish betting group, according to Bloomberg. The move comes as Evolution faces growing regulatory scrutiny."
datetime: "2026-07-27T09:48:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293912623.md)
  - [en](https://longbridge.com/en/news/293912623.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293912623.md)
generator: "portal-rs"
---

# Billionaire Dart Triggers Mandatory Bid for Evolution After Stake Increase

Kenneth Dart, the reclusive billionaire whose family owns the Solo plastic cup brand, bought an additional stake in Evolution AB, triggering a mandatory takeover offer for the Swedish betting group, according to Bloomberg. The move comes as Evolution faces growing regulatory scrutiny.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**