The family office of iGaming entrepreneur Teddy Sagi is acquiring a stake in London-listed online competitions operator Best of the Best (BOTB).
Sagi’s Globe Invest will acquire an initial 29.9 per cent stake in the business for approximately £10m from founding shareholders William Hindmarch and Rupert Garton.
The £4 per share acquisition price represents a 10 per cent discount on the closing mid-market share price of BOTB at market close on 7 September.
Following the acquisition, Globe Invest [...]
