Paf completed the acquisition of the Latvian business of 888 for €28.25m.

Paf, a Nordic gaming company to generate funds for the benefit of society, completed the acquisition of the Latvian business of 888, a betting and gaming company, for €28.25m. "We continually review our asset base to ensure that we are only holding assets that both contribute to our long-term strategy and will maximise value for our shareholders. As a business, our relatively limited exposure in the Baltic region means that the region is not one of our core or growth markets where we prioritise our investments. The Latvian business is a high-quality, locally regulated business, with an excellent team that has built a strong market position. I would like to express my sincere thanks to the team for their dedication during their time with the Group and I am highly confident that under new ownership with Paf, the business will continue to flourish." Lord Mendelsohn, 888 Executive Chair.