Cherryforetagen AB invests in U.K. betting exchange
July 2, 2004
The parent group of turnkey provider Net Entertainment was in the
news this week with a major investment in a UK gambling operation.
Swedish I-gaming public company Cherryforetagen
AB announced that it is to invest another 2.1 million euro in U.K.-based
sports betting exchange Betsson.com.
Cherry acquired 10 percent in 2003, and the new investment amounts
to 17.3 percent. It also has an option to buy the remaining shares.
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