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Why IDT Stock Was Soaring on Friday | The Motley Fool

Why IDT Stock Was Soaring on Friday | The Motley Fool
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HVS 1Q21: Alta Fox Stock Idea – Pollard Banknote

HVS 1Q21: Alta Fox Stock Idea – Pollard Banknote
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Entain secures regulatory approval for Enlabs takeover

Entain secures regulatory approval for Enlabs takeover Share April 1, 2021 Entain has moved forward with its Baltic expansion plans, securing ‘all the necessary approvals’ from relevant competition and gaming regulatory authorities for the takeover of Enlabs. As a result, the condition for the completion of the group’s offer regarding the receipt of all necessary regulatory approvals has been met. However, the firm – which operates Ladbrokes and Coral – has yet to gain the approval of all Enlabs shareholders. Entain initially made a public cash offer of £250 million to the Entain shareholders to tender all shares in the operator on 7 January 2021. This represented an offer of SEK 40 per Enlabs share.

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Entain PLC gets regulatory green light for Enlabs takeover

Entain PLC gets regulatory green light for Enlabs takeover
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Ladbrokes owner Entain hikes Enlabs offer after shareholder resistance : CityAM

Ladbrokes owner Entain hikes Enlabs offer after shareholder resistance Ladbrokes owner Entain has today hiked its offer for Swedish rival Enlabs to around £310m, the firm announced this morning. The FTSE 100 firm said that it was raising its bid from 40 Swedish krona per share to 53 Swedish krona per share, giving the firm a valuation of 3.7bn krona (£311m). The decision to hike the bid comes after the firm ran into shareholder opposition over the deal. The raise comes after Entain last month pushed the deadline for its offer to be accepted back to 18 March. This morning’s offer is final, the firm said. Around 51 per cent of shareholders have already accepted the deal, Entain added.

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