{"id":267,"date":"2024-06-27T23:24:22","date_gmt":"2024-06-27T20:24:22","guid":{"rendered":"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/entain-boosts-bid-for-enlabs-to-sek-53-per-share\/"},"modified":"2024-06-27T23:24:22","modified_gmt":"2024-06-27T20:24:22","slug":"entain-boosts-bid-for-enlabs-to-sek-53-per-share","status":"publish","type":"post","link":"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/entain-boosts-bid-for-enlabs-to-sek-53-per-share\/","title":{"rendered":"Entain Boosts Bid for Enlabs to SEK 53 Per Share"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/MlvA_c6SbcM\" frameborder=\"0\" allowfullscreen><br>\n<\/iframe><\/p>\n<p>The amusement behemoth Entain has boosted its bid to buy Enlabs from 40 Swedish kronor per share to 53 Swedish kronor, making its total bid for the Baltic-facing operator worth 3.7 billion Swedish kronor (\u00a3314.6 million\/\u20ac363.9 million\/$439.2 million).<\/p>\n<p>Entain has upped its offer for Enlabs to a total cost of 3.7 billion Swedish kronor.<\/p>\n<p>The majority of Enlabs\u2019 stakeholders have now agreed to the enhanced offer.<\/p>\n<p>Entain initially made an offer to buy Enlabs in January, valuing the business at 3.9 billion Swedish kronor, with full acquisition details revealed later that month.<\/p>\n<p>Entain\u2019s board and shareholders holding 42.2% of Enlabs\u2019 shares backed the offer, and Enlabs recommended accepting it, but some minority shareholders turned it down, arguing that the price \u201cseriously undervalued\u201d the company\u2019s worth.<\/p>\n<p>In response, Entain has now presented a higher price, with the acceptance period running until March 18. Entain had previously extended the deadline from February 18 to allow enough time to secure all necessary approvals needed to finalize the transaction.<\/p>\n<p>Enlabs\u2019 independent bid committee informed Entain that it will advise Enlabs\u2019 stakeholders to accept the improved offer, with its formal statement being released within a week before the acceptance period expires.<\/p>\n<p>A total of 51% of shares, including Entain\u2019s board and shareholders holding 42.2% of Enlabs\u2019 shares, will back the acquisition. <\/p>\n<p>Enlabs investors unanimously rejected the proposed deal. <\/p>\n<p>Entain has declared they will not increase their bid and aim to finalize the takeover by the end of March, pending final approval from all investors and regulatory bodies.<\/p>\n<p>Entain\u2019s Chief Financial Officer and Deputy CEO, Rob Wood, stated: \u201cEntain will be the ideal environment for Enlabs, its workforce, and clientele.\u201d<\/p>\n<p>\u201cGiven this, we have determined to present a final offer to all shareholders at SEK 53 per share, affording them the chance to divest their holdings at a highly appealing valuation.\u201d<\/p>\n<p>\u201cWe are delighted that roughly 51% of investors have already irrevocably committed to accepting the offer and encourage other investors to do so by March 18.\u201d<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The amusement behemoth Entain has boosted its bid to buy Enlabs from 40 Swedish kronor per share to 53 Swedish kronor, making its total bid for the Baltic-facing operator worth 3.7 billion Swedish kronor (\u00a3314.6 million\/\u20ac363.9 million\/$439.2 million). Entain has upped its offer for Enlabs to a total cost of 3.7 billion Swedish kronor. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Entain Sweetens Enlabs Bid: 3.7 Billion Kronor Offer<\/title>\n<meta name=\"description\" content=\"Entain raises its bid for Enlabs to 53 Swedish kronor per share, securing majority stakeholder approval for the 3.7 billion kronor deal.\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/entain-boosts-bid-for-enlabs-to-sek-53-per-share\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Entain Boosts Bid for Enlabs to SEK 53 Per Share\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Entain raises its bid for Enlabs to 53 Swedish kronor per share, securing majority stakeholder approval for the 3.7 billion kronor deal.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/entain-boosts-bid-for-enlabs-to-sek-53-per-share\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Stay Informed with Our Comprehensive Casino News &amp; Licensed Games\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T20:24:22+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/entain-boosts-bid-for-enlabs-to-sek-53-per-share\/\",\"url\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/entain-boosts-bid-for-enlabs-to-sek-53-per-share\/\",\"name\":\"Entain Sweetens Enlabs Bid: 3.7 Billion Kronor Offer\",\"isPartOf\":{\"@id\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/#website\"},\"datePublished\":\"2024-06-27T20:24:22+00:00\",\"dateModified\":\"2024-06-27T20:24:22+00:00\",\"author\":{\"@id\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Entain raises its bid for Enlabs to 53 Swedish kronor per share, securing majority stakeholder approval for the 3.7 billion kronor deal.\",\"breadcrumb\":{\"@id\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/entain-boosts-bid-for-enlabs-to-sek-53-per-share\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/entain-boosts-bid-for-enlabs-to-sek-53-per-share\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/entain-boosts-bid-for-enlabs-to-sek-53-per-share\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Entain Boosts Bid for Enlabs to SEK 53 Per Share\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/#website\",\"url\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/\",\"name\":\"Stay Informed with Our Comprehensive Casino News &amp; Licensed Games\",\"description\":\"Indulge in the best of online gambling through our fresh casino news, honest reviews, and expert articles. 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