International edition
October 23, 2020

Talks between the two companies are still continuing

Ladbrokes still interested in Sportingbet

(UK).- London-listed Sportingbet has informed that it is still engaged in talks with fellow online sportsbook and gaming operator Ladbrokes regarding the possibility of selling some or all of its business.

S

portingbet only recently finalised its purchase of Australian rival Centrebet International after nearly four months of negotiations for us$ 183 million and is also in negotiations with Gaming VC Holdings  over the sale of its Turkish business.

“Talks between Sportingbet and Ladbrokes are still continuing and a further announcement will be made in due course,” read a statement from Sportingbet.

Under changes to the Takeover Code that went into effect this week, Ladbrokes now has until October 17 to announce whether it intends to make a firm offer for Sportingbet with this deadline only able to be lengthened with permission from the Takeover Panel.

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook