Entain Postpones Final Decision on DraftKings Acquisition Proposal for One Month

 As we have recently published, DraftKings has made two proposals to acquire Entain, the latter of which is being carefully evaluated by the group. However, Entain has asked the Procurement Panel to extend the time for the decision until November 16.
 In DraftKings' latest proposal, the company would offer 2,800 pence per Entain share consisting of 630 pence in cash and the balance to be paid in new DraftKings Class A common shares. Thus, the transaction would be $ 22.4 billion (approximately £ 16.4 billion).

Entain has reported that its board of directors would require several issues "that are fundamental to the structure and value of the proposal" to be resolved, including issues surrounding BetMGM, Entain's joint venture with casino group MGM Resorts International in the US.

In addition, the Entain Board reiterates its confidence in the prospects of the company supported by its market leadership, its management team, and its technology.
18+ | –
Información de cookies y web beacons
Esta página web utiliza cookies propias y de terceros, estadísticas y de marketing, con la finalidad de mejorar nuestros servicios y mostrarle información relacionada con sus preferencias, a través del análisis de sus hábitos de navegación. Del mismo modo, este sitio alberga web beacons, que tienen una finalidad similar a la de las cookies. Tanto las cookies como los beacons no se descargarán sin que lo haya aceptado previamente pulsando el botón de aceptación.
Cerrar Banner