Sportingbet NEWS
Sportingbet has confirmed newspaper speculation that it has received a preliminary takeover approach. The announcement to the stock exchange this morning says it will announce more in due course. Speculation mounted yesterday that the company had been subject of a bid from Bwin, believed to be around 65p a share. Sportingbet was up 2.75p to 54 in early trade this morning. Speaking to Bloomberg newswire, a Bwin spokesman refused to comment.
Sportingbet has confirmed newspaper speculation that it has received a preliminary takeover approach. The announcement to the stock exchange this morning says it will announce more in due course. Speculation mounted yesterday that the company had been subject of a bid from Bwin, believed to be around 65p a share. Sportingbet was up 2.75p to 54 in early trade this morning. Speaking to Bloomberg newswire, a Bwin spokesman refused to comment.
