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NETPLAYTV SHAREHOLDERS APPROVE BETSSON ACQUISITION
23rd March, 2017 at 21:19:42
Betsson advises timeline to acquisition.
Gambling group Betsson has issued a statement on its proposed acquisition of NetPlayTV as announced in February this year (see previous reports), advising that NetPlay shareholders have approved the deal, and setting out a timetable for completion.
The offer is still subject to the High Court of Justice sanctioning the offer, and certain other conditions as set out in the offer document. The offer is to be implemented by means of a court-approved scheme of arrangement, which is regulated, by the UK Companies Act and the UK Takeover Code.
The expected timetable for the remaining steps in the offer process are:
29 March 2017
Related News Tags: Netplay
NETPLAYTV EXTENDS AIRTIME DEAL WITH I.T.V.
14th January, 2016 at 16:48:58
Agreement will now run through to 2019.
NETPLAYTV WALKS AWAY FROM THE FOOTBALL POOLS DEAL (Update)
11th January, 2016 at 16:15:38
Trading in the company's shares resumes.
"GIVE US YOUR BEST OFFERS," SAYS SPORTECH.
23rd December, 2015 at 08:00:57
Gambling group looking to sell subsidiary The Football Pools.
NETPLAYTV MAKES A MOVE ON SPORTECH'S FOOTBALL POOLS
21st December, 2015 at 15:56:40
UK company suspends trading on the Alternative Investment Market in London as preliminary negotiations continue.