Home Business Endeavor to purchase sports activities betting enterprise OpenBet for $800 million

Endeavor to purchase sports activities betting enterprise OpenBet for $800 million

Endeavor to buy sports betting business OpenBet for $800 million

The Endeavor Group Holdings Inc. (EDR) brand hangs from the New York Inventory Alternate on the morning of its public itemizing on the NYSE in New York Metropolis, U.S., April 29, 2021. REUTERS/Shannon Stapleton

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June 30 (Reuters) – Endeavor Group Holdings Inc (EDR.N), the proprietor of Final Combating Championship, will purchase sports activities betting enterprise OpenBet from Mild & Surprise Inc (LNW.O) for a revised deal worth of $800 million, Mild & Surprise mentioned on Thursday.

Endeavor mentioned in September final yr it plans to purchase OpenBet for $1.2 billion. learn extra

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Reporting by Shariq Khan; Enhancing by Shounak Dasgupta

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