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Centrebet Shares Hit 52-Week High on Takeover Proposals

9th March 2010 8:57 am GMT

Shares in Centrebet International Limited gained more than 10% this morning after the company announced that it is facilitating discussions with a number of parties interested in acquiring the Australian and European-facing online gaming operator.

Centrebet has previously disclosed that it was considering consolidation opportunities, either as an acquirer or as a target, but confirmed Tuesday that it has received a number of "confidential, indicative, non-binding and conditional proposals" from parties expressing [...]

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