Transaction doesn't include the UK shops business operated under the Stan James brand
Unibet finalizes acquisition of Stan James Online
Following the satisfaction of conditions precedent, Unibet Group has finalized the acquisition of the online gambling business of Stan James Group.
2015-10-02
Reading time 28 seg
Following the satisfaction of conditions precedent, Unibet Group has finalized the acquisition of the online gambling business of Stan James Group.
The acquisition price of GBP 19 million adjusted for customer liabilities that Unibet Group will take over has been paid as cash up front today.
Unibet Group will consolidate the online gambling business of Stan James Group in its results. The transaction does not include the UK shops business operated under the Stan James brand, which for a transitional period has been granted rights to the brand.
Stan James Online will continue to trade under the existing brand and through the current platform and its customers need take no action as a result of the announcement.
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