CMA issues enforcement order over proposed £3.4bn merger

The Competition Markets Authority (CMA) has served an initial enforcement on the Stars Group and its subsidiaries over the proposed acquisition of Leeds-headquartered Sky Betting & Gaming group. In April, Sky Betting & Gaming (SBG)  - which is controlled by Cyan Blue Topco - announced it had been acquired by Canadian gambling firm Stars Group for £3.4bn ($4.7bn) in a deal which would create the world’s largest publicly listed online gaming company. Now, the CMA said it had "reasonable grounds" for suspecting that a... For the full story register now for free or login below...
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