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Sportingbet sells Turkish language business for €142.5m

14th October 2011 7:28 am GMT

Online gaming operator Sportingbet plc has agreed to the disposal of its Turkish language website for a minimum consideration of €142.5m to Netherland Antilles-based East Pioneer Corporation B.V, a newly incorporated company owned by Sigma Corporate Management, with support services for the future operation of the website to be provided by GVC Holdings.

Sportingbet and its subsidiary Longfrie Limited have conditionally agreed to dispose of its SuperBahis.com Turkish language gaming activities which will generate minimum proceeds [...]

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