Enlabs shareholder revolts over “significantly undervalued” Entain takeover bid

Investors question whether £250m deal considers future growth prospects of Baltics-facing firm

Entain’s £250m bid to acquire Enlabs “significantly undervalues” the business, according to one of the firm’s largest shareholders. Speaking exclusively to EGR, Enlabs investor Hans Isoz questioned the takeover offer for the Latvia-headquartered operator, which values the business at SEK40 (£3.52) per share. Isoz, who owns a 2.58% share in Enlabs, suggested the Entain bid…

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