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Entain Seeks Fundraise of Around GBP600 Million to Buy Polish STS

Entain said Tuesday that it will raise funds to acquire Polish sports-betting operator STS Holding for around 750 million pounds ($938.5 million).

The London-listed gambling-and-betting company said that the acquisition will be made by its 75% owned joint venture in Central and Eastern Europe, Entain CEE, and EMMA Capital, which owns 25% of the venture.

The…

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