The conditions of the disposal of Sportingbet's Turkish language website and associated offshore assets have been satisfied.
GVC Holdings announced on November 16 that GVC shareholders had approved all necessary resolutions relating to the transaction and GVC's re-admission to trading on AIM yesterday.
The disposal of the business is expected to complete after the market closes on November 21.
Ladbrokes mutually terminated discussions regarding a potential takeover of Sportingbet in October after reports emerged that Ladbrokes’ lawyers had raised concern over risks associated with the Turkish arm.
