Nektan go into administration (again)

Harry_BKK

Dormant account
Joined
Dec 18, 2014
Location
Balcony
Well, they sold the UK B2C part in a fire-sale in Jan 2020 to GraceMedia, part of Active Win who owns Betfred for a dreadful price of GBP200K in an effort to generate cash revenue and keep its B2B business going.

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Looks like that was just a drop in the ocean and the B2B part is now on the line as well. Wonder, who's gonna scoop it up as it will be available for peanuts.

Their interim report from 31st March 2020 is dreadful which probably led to the trade suspension.

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