UK – Entain receives regulatory approval for Enlabs acquisitionBy Lewis - 9 March 2021
Entain has received necessary regulatory approvals regarding the recommended public cash offer to the shareholders of Enlabs.
On 7 January, Entain announced a public cash offer to the shareholders of Enlabs which was increased on 1 March from SEK 40 per share to SEK 53 per share.
Entain has now confirmed that it has now received all the necessary approvals from the relevant competition and gaming authorities.
The acceptance period for the offer will expire on 18 March, subject to potential extension or postponement by Entain.