The AIM-listed firm is currently valued around us$ 98.9 million
Inspired Gaming considers selling everything
(UK).- Shortly after declaring its intent to sell its struggling pubs division, Inspired Gaming Group has brought in advisers to investigate the sale of all or part of its remaining divisions, according to the Financial Times.
2008-05-29
Reading time 24 seg
Inspired says it has been approached by several interested parties since announcing last week that it would get rid of the pubs division.
The AIM-listed firm is currently valued around us$ 98.9 million, with shares closing at 68p on Wednesday, May 28. If the loss-making pubs division is excluded, overall company earnings come to us$ 52.8 million in 2007 on sales of us$ 187.7 million.
Inspired manages over 82,000 gaming machines in the UK and more than 15,000 overseas. The company wants to raise us$ 79.1 million from shareholders to pay for its withdrawal from pubs and to invest in the remaining divisions.
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