Entain has increased its offer to acquire Enlabs by 32.5%, from SEK 40 per share to SEK 53 per share. The increased offer price is final and will not be increased by Entain.
Rob Wood, CFO and deputy CEO of Entain, said: “As a world leader in sports betting and gaming entertainment, Entain’s ambition is to revolutionise betting and gaming to create the most exciting and trusted entertainment for every customer.
In a highly competitive and regulated industry, where consolidation is a key theme, Entain is able to provide the scale and platform needed to further support Enlabs’ long-term growth, and we firmly believe that Entain will be the best home for Enlabs, its employees and customers. Against this background, we have decided to make a final offer of SEK 53 to all shareholders, providing an opportunity to exit their investment at a very attractive valuation.
We are pleased that shareholders with around 51 per cent have now irrevocably agreed to accept the offer and would urge other shareholders to do the same by 18 March.”
Reading Time: 2 minutesThe Nordic gaming company Paf has signed a new multi-year cooperation agreement with the shipping company Tallink… Read More
Reading Time: 3 minutesDreamHack, an ESL FACEIT Group brand is set to break new ground in 2024 as it enters… Read More
Reading Time: 2 minutes Spelinspektionen has welcomed new changes to Sweden’s Money Laundering Act that will allow the gambling inspectorate… Read More
Reading Time: < 1 minute CreedRoomz, a prominent player in the realm of live casino solutions, is delighted to announce… Read More