M&A

Nektan shares dip after reduced US sale

Provider forced to sell off majority stake in US subsidiary for £300k rather than £2m

Nektan shares fell 8% this morning after the firm sold off a majority stake in its US subsidiary Respin for a significant discount to the previously-agreed price. The online casino provider announced back in December it had agreed to sell 57.5% of the shares in Respin for £2m and the provision of £300,000 in working…

M&A | Nektan

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