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Kambi shares record strong gains in first day of trading

3rd June 2014 8:03 am GMT

Unibet shareholders were the big winners yesterday as the recently spun off Kambi Group began life as a listed company, with shares in the turnkey sports betting provider climbing more than 16 per cent in their first day of trading in Stockholm.

Following its spin-off from Unibet last month, Kambi shares opened at SEK29.30 per share on Sweden’s NASDAQ OMX First North exchange Monday.

The shares reached a high of SEK39.00 per share during the day before [...]

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