Sky Betting & Gaming . Sky Betting & Gaming ("SBG") is the UK's leading mobile-led betting and gaming operator, providing real-money gaming and a diversified gaming product portfolio to customers in the UK, Ireland, and elsewhere in Europe. Since 2000, SBG was one of the first operators to recognize the potential of online and then mobile platforms, and to deliver fun, entertaining and quality Canadian gaming company The Stars Group Inc <TSGI.TO> said on Saturday it had agreed to buy Sky Betting and Gaming from owners CVC Capital Partners and Sky PLC <SKYB.L>, in a deal worth $4.7 billion. Canadian gaming company The Stars Group Inc said on Saturday it had agreed to buy Sky Betting and Gaming from owners CVC Capital Partners and Sky PLC , in a deal worth $4.7 billion. Discover The Stars Group has successfully raised $622 million dollars through a public share offering and plans to use the cash to buy British bookmaker Sky Bet. Sky Bet has been sold to Canadian The Stars Group creating the world’s largest publicly listed online gaming company. Sky, which held 20 per cent of the company, will receive in the region of £ Toronto TSX-listed The Stars Group Inc continues its M&A drive, confirming this morning that it has reached an agreement with private equity firm CVC Capital Partners and Sky Plc to acquire Sky Betting & Gaming (SB&G) outright.. Seeking to create the world’s ‘most valuable, listed online gambling enterprise’, the Stars Group governance has put forward a ‘cash and stock transaction The deal is expected to be completed in the third quarter of this year. “The acquisition of Sky Betting & Gaming is a landmark moment in the Stars Group’s history,” said Rafi Ashkenazi Stars Group set to buy Sky Bet brand in £3bn deal. S tars Group, the Canadian gambling giant, has agreed to buy Sky Betting and Gaming in a deal worth $4.7bn (£3.36bn), creating the largest TORONTO – April 21, 2018 – The Stars Group Inc. (NASDAQ: TSG; TSX: TSGI) (“The Stars Group” or “the Company”) announced today that it has agreed to acquire Sky Betting & Gaming (“SBG”) from CVC Capital Partners (“CVC”) and Sky plc (LSE: SKY) (“Sky”) in a cash and stock transaction valued at $4.7 billion. This combination will result in the world’s largest publicly listed online gaming company. Sky Betting and Gaming, known as Sky Bet, is being sold in a deal worth up to £3.4bn. Sky News reported at the weekend how The Stars Group - the owner of PokerStars - was closing in on securing
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