Sportingbet wants to buy Centrebet
13 May 2011
LONDON, England AND Australia -- Sportingbet is shopping to raise the cash to buy Centrebet, The Financial Times reported.
Sportingbet described being in "advanced talks" to purchase Centrebet, the report explained.
It needs to raise £125m to seal the cash deal for the takeover of the Australian based Centrebet, according to The Financial Times.