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Unibet terminates Sportingbet merger talks

16th November 2010 1:39 pm GMT

Shares in Sportingbet plc have dropped more than 8 per cent in London today after the company confirmed that rival online gaming operator Unibet has withdrawn from merger talks between the two parties.

Media speculation has intensified over the past few days, with Sportingbet issuing several announcements to the London Stock Exchange to clarify its position.

Finally, today, Sportingbet confirmed that merger talks between the company and Sweden’s Unibet have been terminated. Sportingbet said that Unibet had [...]

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