Sports betting: Sky sells 80% of Sky Bet shares to CVC Capital Partners for at least €831m

News Tank Football - Paris - News #37341 - Published on

The British broadcasting group Sky plc announced the completion of the sale of a 80% stake in Sky Bet, its online games and sports betting subsidiary, to the investment fund CVC Capital Partners and to members of the management of Sky Bet, on 19/03/2015. Sky will receive £600m (€831m) in cash, based on the valuation of Sky Bet at £800m...


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