Sportingbet completes placing

Gaming website firm Sportingbet completed its £65m firm placing and placing and open offer via Oriel Securities on Tuesday to part fund its acquisition of Australian betting operator Centrebet.

  • 15 Jun 2011
The conclusion of the deal follows the sale of a £65m convertible by ISM Capital on May 26, also to part fund the acquisition. Originally, Sportingbet said that all of the required funding for the acquisition would come from the firm placing and placing and open offer but ...

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