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Sportech’s Football Pools sale nears completion as buyer secures UK licence

30th May 2017 9:12 am GMT

Sportech has taken a major step towards completing the sale of its Football Pools business after the private equity acquirers were awarded an operating licence by the UK Gambling Commission (UKGC).

Private equity investors OpCapita, which is acquiring the Pools in an £83m deal via the acquisition vehicle FP Acquisition, has now fulfilled all conditions related to the sale.

"This is a significant step towards completion of this transaction," Sportech chief executive [...]

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