The board of London-listed gaming supplier Sportech has elected to commence a formal sale process, having completed the initial stages of a strategic review of the business.

The company has appointed Canaccord Genuity as financial advisor to assist in the process, and says it will continue to assess all options to maximise value for shareholders as the review continues.

The takeover panel of the London Stock Exchange has agreed that discussions with potential buyers will be conducted within the context of a formal sales process...

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