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Ladbrokes completes acquisition of global better exchange

Betting company Ladbrokes said Friday that it has completed the acquisition of Alderney, a global betting exchange, from TBH, as well as a 10 per cent stake in TBH Guernsey.

by: moneyweek
1 Mar 2013

Betting company Ladbrokes said Friday that it has completed the acquisition of Alderney, a global betting exchange, from TBH, as well as a 10 per cent stake in TBH Guernsey.

The consideration to TBH is 6.95m shares, which are expected to begin trading on March 4th.

The share price rose 0.87% to 231.60p by 11:40.

NR

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