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."
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