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Webis eyes sale or merger opportunities as losses continue

28th February 2017 8:58 am GMT

London-listed Webis Holding said Tuesday that it continues to assess all strategic opportunities for the group’s future after admitting that a sale or merger could be beneficial to its WatchandWager business.

Webis recorded a 118 per cent increase in group turnover to US$148.1m in its financial first-half ended November 30th, following strong growth at its WatchandWager pari-mutuel business, which also manages a racetrack facility in the US state of California.

The Asia [...]

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