Announced

Entain to acquire STS for £690m.

Synopsis

Entain, the global sports-betting, gaming and interactive entertainment group, agreed to acquire STS, a sports-betting operator in Poland, for £690m. "We are delighted to be acquiring the leading sports-betting operator in Poland, which is a hugely exciting and fast-growing market. STS is an exceptional business with a great brand, a compelling omnichannel offering, and an outstanding CEO and management team. The transaction is perfectly aligned with our Entain CEE strategy and our wider M&A strategy of acquiring high quality businesses with leading positions in attractive, growing and regulated markets," Jette Nygaard-Anderson, Entain CEO.

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