Kainos Guides Revenue Beat, Evoke in Takeover Talks

Plus500 expects 2026 earnings to beat current expectations, Advanced Medical Solutions and Evoke separately confirm takeover talks

Apr. 20, 2026 at 6:57am

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In a roundup of business news, Kainos expects to report revenue ahead of consensus for the financial year to the end of March 2026, with adjusted pretax profit in line with forecasts. Plus500 says revenue and earnings before interest, tax, depreciation and amortisation for 2026 will beat current market expectations. Advanced Medical Solutions confirms it is in discussions with US private equity firm TA Associates Management LP regarding a possible takeover offer, while Evoke confirms discussions with casino operator Bally's Intralot SA regarding a possible takeover offer.

Why it matters

These business updates provide insights into the performance and strategic moves of several publicly traded companies across different sectors, including technology, finance, and healthcare. The potential mergers and acquisitions highlight ongoing consolidation in the market and the competitive landscape these companies operate in.

The details

Kainos, a London-based Workday partner and provider of IT services, expects to report revenue ahead of consensus for the financial year to the end of March 2026, with adjusted pretax profit in line with forecasts. Plus500, the Haifa, Israel-based trading platform operator, says revenue and earnings before interest, tax, depreciation and amortisation for 2026 will beat current market expectations. Advanced Medical Solutions, a surgical dressings company based in Cheshire, England, confirms it is in discussions with US private equity firm TA Associates Management LP regarding a possible takeover offer. Evoke, a betting operator and owner of the William Hill and 888 brands, confirms discussions with casino operator Bally's Intralot SA regarding a possible takeover offer.

  • Kainos reported revenue of GBP367.2 million and adjusted pretax profit of GBP65.6 million for financial 2025.
  • Plus500 reported revenue of USD242.1 million and Ebitda of USD95.7 million in the first quarter of the year.
  • Advanced Medical Solutions and Bally's Intralot SA have until May 16 and May 18, respectively, to announce a firm intention to make an offer or that they do not intend to make an offer.

The players

Kainos

A London-based Workday partner and provider of IT services.

Plus500

A Haifa, Israel-based trading platform operator.

Advanced Medical Solutions

A surgical dressings company based in Cheshire, England.

Evoke

A betting operator and owner of the William Hill and 888 brands.

TA Associates Management LP

A US private equity firm that is preparing a formal offer for Advanced Medical Solutions.

Bally's Intralot SA

A casino operator that is in discussions with Evoke regarding a possible takeover offer.

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What’s next

Advanced Medical Solutions and Bally's Intralot SA have until May 16 and May 18, respectively, to announce a firm intention to make an offer or that they do not intend to make an offer.

The takeaway

These business updates highlight the ongoing volatility in the macroeconomic environment, but also the resilience and strategic focus of these companies as they navigate challenges and seek growth opportunities through mergers, acquisitions, and operational improvements.