Malmö, Sweden, 2013-08-27 08:00 CEST (GLOBE NEWSWIRE) --
Betting Promotion Sweden AB (publ) and Tain AB have entered into negotiations on a merger. This merger would be an important step in both companies' strategy to strengthen their position in the digital gaming industry.
Negotiations are at an initial stage and are expected to be completed in October 2013. A final decision on the merger will be taken at an extraordinary General Meeting in Betting Promotion Sweden AB (publ).
Malmö, August 27, 2013
For further information, please contact:
Peter Åström, Chairman of Betting Promotion Sweden AB, Tel +46 72 543 61 48
Jonas Ornstein, CEO of Betting Promotion Sweden AB, Tel +46 40 611 84 94
Christer Fahlstedt, CEO of Tain AB, Tel +46 73 416 96 22
Certified Adviser:
The Company´s Certified Advisor is Mangold Fondkommission AB, which can be contact via www.mangold.se or by phone +46 8 503 015 50.
Betting Promotion Sweden AB (publ) is the holding company for operating subsidiaries. Betting Promotion puts the odds and acts as market maker on sporting events. Games are handled both before the match and during the match, so called live betting. Since 2003, Betting Promotion has been a market maker at the world’s leading betting exchanges. The trade is done automatically and is thus meant to be both effective and stable. Betting Promotion also offers odds to bookmakers.
