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Sportech aims to return cash to shareholders

18th June 2021 10:14 am GMT
Sportech

London-listed betting technology supplier Sportech has confirmed the completion of three corporate transactions with an aggregate net cash value of £36.1m, with the majority of proceeds set to be returned to shareholders.

Sportech has completed the sale of its global Tote business to BetMakers Technology, the sale of Bump 50:50 to Canadian Banknote, and the sale of a freehold property in New Haven, Connecticut, the company said Friday.

“I am pleased to announce these transactions are now [...]

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