Ladbrokes owner Entain is poised to takeover Swedish iGaming company Enlabs after improving cash offer

ddm

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Ladbrokes owner Entain is poised to takeover Swedish iGaming company Enlabs after improving its cash offer from 40 to 53 Swedish Kronor (€5.22) per share.

Enlabs had set an acceptance target of 90% of shareholders, and with 94.2% agreeing to the sale, it now looks like Entain will soon add the Swedish brand to its portfolio.

Entain has now extended the acceptance period to April 1st to allow shareholders who have not yet accepted the offer make their decision.

 
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