Entain to buy Poland-based betting operator in a deal valued at $946 million

Sts Holding SA

13/06/2023 17:24

June 13 (Reuters) - Ladbrokes-owner Entain Plc  ENT.L 
said on Tuesday its Central and Eastern European venture will
buy poland-based sports betting operator STS Holdings  STH1.WA 
for 750 million pounds  ($946.1 million) with its partner EMMA
Capital. 
    Under the deal, STS shareholders will receive 24.8 Polish
zlotys for each STS share held. 
   

($1 = 0.7927 pounds)

 (Reporting by Prerna Bedi and Shreyaa Narayanan in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))