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Sky Sells Controlling

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작성자 Cheri 작성일 25-01-21 19:24 조회 2 댓글 0

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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 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.

Best-Mobile-Casinos-in-Ireland-1536x878.jpgSky and Online Betting CVC depended on advises from Goldman Sachs and Online Betting OC&C Strategy Consultants respectively. The firm claimed that the selling of Sky Bet was to meant for the creation of a room for thee operations to be carried out by the newly developed pan-European pay-TV.

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