Ladbrokes owner Entain sells 20% CEE stake to joint venture for $482 million
25/06/2026 13:12
Ladbrokes owner Entain sells 20% CEE stake to joint venture for $482 million June 25 (Reuters) - Ladbrokes owner Entain ENT.L said on Thursday it has agreed to the first step in a phased exit from its Central and Eastern Europe business, selling a 20% stake to partner EMMA Capital for about €425 million ($481.82 million) to cut debt.
($1 = 0.8821 euros)
(Reporting by Nithyashree R B in Bengaluru; Editing by Jonathan Ananda)