03:08 AM EDT, 05/18/2026 (MT Newswires) -- US investment company Olivine Holdings extended the acceptance period under its 0.3 krona cash takeover offer for Swedish entertainment company Maximum Entertainment (MAXENT-B.ST) to Friday from Wednesday.

The acceptance period was extended after a French court on May 13 granted Olivine a provisional judicial pledge over all shares held by Maximum Entertainment in its French subsidiary SASU Maximum Entertainment France, according to a May 15 release.

After receiving the provisional judicial pledge, Olivine, acting in its capacity as administrative agent under a credit facility, issued a formal notice of default and enforcement of remedies to Maximum Entertainment and units.