Sky Sells Controlling : Différence entre versions
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− | Sky sells controlling stake in gambling division in deal worth £800m A total of £800m is believed to be the amount spent by CVC Capital [https://www. | + | Sky sells controlling stake in gambling division in deal worth £800m A total of £800m is believed to be the amount spent by CVC Capital Partners in purchasing the Sky Bet [https://www.martindale.com/Results.aspx?ft=2&frm=freesearch&lfd=Y&afs=business business] a firm that was owned by Sky. The deal also includes the Oddschecker an Odds comparison business. Stipulated in the deal, [https://www.jackpotbetonline.com/why-sports-betting-is-everywhere/ Online Betting] Sky was awarded with 20% possession of the shares as well as having a member in the business board. It will also get £600m cash when the two firms comes into terms with extra £120m to be paid but this will depend on the recital of Sky Bet in the market.<br><br>Sky and CVC depended on advises from Goldman Sachs and OC&C Strategy Consultants respectively. The firm claimed that the selling of Sky Bet was to meant for Online Betting the creation of a room for Online Betting thee operations to be [https://search.usa.gov/search?affiliate=usagov&query=carried carried] out by the newly developed pan-European pay-TV. The Sky Company is also expected to retain its identity as Sky once the finalization of the agreement license is complete. |
Version du 28 janvier 2025 à 22:49
Sky sells controlling stake in gambling division in deal worth £800m A total of £800m is believed to be the amount spent by CVC Capital Partners in purchasing the Sky Bet business a firm that was owned by Sky. The deal also includes the Oddschecker an Odds comparison business. Stipulated in the deal, Online Betting Sky was awarded with 20% possession of the shares as well as having a member in the business board. It will also get £600m cash when the two firms comes into terms with extra £120m to be paid but this will depend on the recital of Sky Bet in the market.
Sky and CVC depended on advises from Goldman Sachs and OC&C Strategy Consultants respectively. The firm claimed that the selling of Sky Bet was to meant for Online Betting the creation of a room for Online Betting thee operations to be carried out by the newly developed pan-European pay-TV. The Sky Company is also expected to retain its identity as Sky once the finalization of the agreement license is complete.