|Sportingbet today moved to silence speculation regarding a possible approach by them to purchase the share capital of Empire Online Limited(“Empire”).|
The Board of Sportingbet confirmed that they are in discussions with Empire, which may lead to Sportingbet making an offer for the entire share capital, but that discussions were at a very preliminary stage.
The board said, “There can be no certainty that agreement will be reached and that an offer will be forthcoming. Any offer made is subject to the satisfaction of certain material pre-conditions. A further announcement will be made in due course.”