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Sportech shares surge on proposed sale of The Football Pools

13th September 2016 7:16 am GMT

London-listed gaming operator Sportech is seeking to sell its Football Pools business to Burlywood Capital for a total consideration of £97.25m.

The company is working towards a sale on an exclusive basis with Burlywood Capital, an investment firm led by iGaming veteran Mark Blandford and former Merrill Lynch executive Andrew Burnett.

The investment firm plans to seek admission to trading on London’s AIM market through a new company incorporated for the purposes of acquiring The Football Pools and [...]

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