Sportech's The Football Pools Acquisition Deal Fails (update)
By Casinomeister, Last updated Nov 4, 2016
Focus on maximizing opportunities continues
Sportech Plc's GBP 97.25 million acquisition discussions with Burlywood Capital LLC regarding the sale of The Football Pools have failed.
A statement from Sportech simply states Burlywood were unable to conclude the transaction set out in the proposal.
"The Football Pools is a valuable asset which has been transformed following a lengthy modernisation programme," Ian Penrose, chief executive of Sportech plc, commented. "We will continue to focus on maximising opportunities for the business."
Online Casino News Courtesy of Infopowa