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Entain PLC - London-based sports betting and gambling operator via bwin, Coral, Ladbrokes, PartyPoker and Sportingbet brands - Subsidiary Entain Holdings (CEE) Ltd receives antitrust approval from Poland’s Office of Competition & Consumer Protection for its acquisition of Katowice, Poland-based sports betting operator STS Holding SA. Entain says the antitrust condition to the tender offer has therefore been satisfied. The remaining condition is to receive acceptances representing at least 50% of the shares in STS. The acceptance period will commence on Friday and close in mid-August; the transaction should close shortly afterwards.
Current stock price: 1,242.46 pence, up 1.2% on Wednesday
12-month change: up 15%
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