Sportingbet Rejects Takeover Bid| Gambling
The Press Association reported that the world’s best online betting service Sportingbet has rejected a takeover bid by Britan’s biggest bookmaker William Hill and GVC Holdings. The offer that William Hill-GVC have made to Sportingbet was for about 350 million pounds.The British e-gaming operator was previously targeted by Ladbrokes with a takeover bid, said the report.
Sportingbet commented the offer that they have received as significantly undervalued.
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Tags: sportingbet , gambling