Fast Track

Fortbet looks to acquire outstanding Fortuna shares and delist the business

3rd April 2017 2:02 pm GMT

Fortuna Entertainment’s majority shareholder Fortbet Holdings has set out plans to acquire full ownership of the Central European betting operator and delist the company’s shares from both the Prague and Warsaw stock exchanges.

Fortbet, a subsidiary of Penta Investment Group, currently holds a 68.25 per cent stake in Fortuna and has announced a tender offer to acquire all of the company's outstanding shares.

The move comes just weeks after Fortbet sold its Romanian betting [...]

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