Entain announced the completion of the acquisition of Enlabs

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The British holding Entain announced the completion of the takeover of Enlabs AB. It is reported that 94.2% of the shareholders of the Swedish operator approved the new offer of the British, and the deal moved into the final stage. A separate offer was also made for employees holding Enlabs warrants. It was also accepted by holders of 1.35 million out of 1.4 million warrants. Entain will now start buying more than 65.6 million shares. Final settlement of Enlabs shares will be completed by March 30, 2021. Overall, Entain expects the deal to close by April 13, 2021. As My Lucky Story previously reported, in February 2021, Entain representatives offered Enlabs shareholders a takeover deal for the company for 364 million euros. Earlier, Entain announced that it was rejecting a takeover bid from MGM Resorts International, the world leader in the gambling industry.

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