Shares in Sportingbet plc have slumped more than 20 per cent in London this afternoon after the company confirmed that highly preliminary discussions regarding a potential acquisition of the company by Ladbrokes have been terminated.
The Boards of Sportingbet and Ladbrokes agreed to end discussions as the parties were unable to agree either a suitable structure or one that delivered sufficient value to shareholders in a meaningful timeframe.
In a statement to the London Stock Exchange on [...]
