Enlabs AB takeover efforts see increase from Entain
March 1, 2021 Prominent iGaming and sportsbook operator Entain has announced that it has redoubled its effort to purchase smaller Baltic-facing competitor Enlabs AB by upping an earlier bid by some 32.5% to approximately $446.1 million. The Isle of Man-based firm is already responsible for a plethora of iGaming brands including Bwin, Ladbrokes, PartyPoker and SportingBet and proposed a deal in January that would have seen pay around $336.7 million so as to acquire all of the issued share capital in Enlabs AB at an individual price of roughly $4.76. However, this proposition was subsequently r...
Source: worldcasinodirectory.com