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Betclic Everest Group to reduce majority stake in bet-at-home.com

16th June 2016 10:47 am GMT

Frankfurt-listed gaming operator bet-at-home.com has confirmed that its majority shareholder, Betclic Everest Group, intends to re-place approximately 10 per cent of its shares with institutional investors.

Betclic Everest has held a 66.7 per cent stake in the company since 2009. It intends to re-place up to 350,000 shares, corresponding to approximately 10 per cent of bet-at-home.com's share capital, with institutional investors within the scope of a structured process.

“With this measure, Betclic Everest Group supports the strategy [...]

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