{"id":280,"date":"2024-06-28T18:24:13","date_gmt":"2024-06-28T15:24:13","guid":{"rendered":"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/28\/entain-completes-acquisition-of-enlabs\/"},"modified":"2024-06-28T18:24:13","modified_gmt":"2024-06-28T15:24:13","slug":"entain-completes-acquisition-of-enlabs","status":"publish","type":"post","link":"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/28\/entain-completes-acquisition-of-enlabs\/","title":{"rendered":"Entain Completes Acquisition of Enlabs"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/SDImUr1jxqU\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Entain, through its fully owned subsidiary Bwin, will finalize a public cash offer to purchase Enlabs at a cost of SEK 53 per share (equal to \u00a34.48\/\u20ac5.21\/$6.21).<\/p>\n<p>Entain has declared the acquisition of Enlabs as 94.2% of stockholders have endorsed the agreement.<\/p>\n<p>Entain has declared the acquisition of Enlabs as 94.2% of stockholders have endorsed the agreement.<\/p>\n<p>Entain has stated that all requirements for finalizing the offer have been satisfied and thus declared the offer unconditional.<\/p>\n<p>Payment for Enlabs stock submitted by March 18th is expected to be made on or around March 30, 2021.<\/p>\n<p>The offer does not encompass Enlabs warrants, which were granted to workers under the company&#8217;s incentive plan.<\/p>\n<p>In a separate offer, Entain proposed to acquire all rights held by warrant holders at a cost equivalent to the strike price of the warrants (based on the offer price).<\/p>\n<p>This separate offer has been accepted by 1.35 million warrant holders, a portion of the 1.4 million warrants allocated to and transferred to incentive plan participants.<\/p>\n<p>Entain has decided to extend the acceptance period to April 1, 2021, to allow remaining Enlabs stockholders more time to accept the deal. <\/p>\n<p>The takeover is anticipated to be finalized around April 13th. Entain has stated they will not extend the acceptance timeframe.<\/p>\n<p>Entain now intends to initiate a mandatory acquisition procedure encompassing Enlabs shares not tendered in the proposal. This necessitates the Enlabs board to petition for delisting from Nasdaq First North Growth Market.<\/p>\n<p>Entain initially presented an offer to acquire Enlabs in January, with the operator proposing to purchase the company for SEK 40 per share.<\/p>\n<p>Entain subsequently disclosed comprehensive details of the agreement, clarifying that the transaction would facilitate Enlabs&#8217; expansion into new territories such as Ukraine and Belarus. Entain increased the offer price in March from SEK 40 to SEK 53 per share, following which a majority of Enlabs stockholders endorsed the proposal.<\/p>\n<p>Sign up for the iGaming News newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Entain, through its fully owned subsidiary Bwin, will finalize a public cash offer to purchase Enlabs at a cost of SEK 53 per share (equal to \u00a34.48\/\u20ac5.21\/$6.21). Entain has declared the acquisition of Enlabs as 94.2% of stockholders have endorsed the agreement. Entain has declared the acquisition of Enlabs as 94.2% of stockholders have endorsed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Entain Acquires Enlabs for SEK 53 per Share<\/title>\n<meta name=\"description\" content=\"Entain\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/28\/entain-completes-acquisition-of-enlabs\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Entain Completes Acquisition of Enlabs\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Entain\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/28\/entain-completes-acquisition-of-enlabs\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Rush of Licensed Online Casino Gaming Today\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T15:24:13+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/28\/entain-completes-acquisition-of-enlabs\/\",\"url\":\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/28\/entain-completes-acquisition-of-enlabs\/\",\"name\":\"Entain Acquires Enlabs for SEK 53 per Share\",\"isPartOf\":{\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-28T15:24:13+00:00\",\"dateModified\":\"2024-06-28T15:24:13+00:00\",\"author\":{\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Entain\",\"breadcrumb\":{\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/28\/entain-completes-acquisition-of-enlabs\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/28\/entain-completes-acquisition-of-enlabs\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/28\/entain-completes-acquisition-of-enlabs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/elroyalecasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Entain Completes Acquisition of Enlabs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/elroyalecasinonodepositbonus.icu\/\",\"name\":\"Experience the Rush of Licensed Online Casino Gaming Today\",\"description\":\"Experience the best of online gambling through our fresh casino news, in-depth game reviews, and informative insights. 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