Regulatory Approval for Enlabs Takeover Secured
Entain plc, through its subsidiary Bwin Holdings Limited announced a public cash offer to the shareholders of Enlabs AB to tender all their Enlabs shares to Entain.
On 1 March 2021, Entain announced that it had decided to increase the Offer from SEK 40 per share to SEK 53 per share.
Entain today confirmed that it has now received all the necessary approvals from the relevant competition and gaming authorities.
The acceptance period under the Offer will expire on 18 March 2021, 17.00 CET.
Entain can extend the acceptance period of the Offer as well as to postpone the date of settlement. All other terms and conditions set out in the offer document, including conditions for completion of the Offer, continue to apply.