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bet at home.com ( (DE:ACX) ) has issued an announcement.
Betclic Everest Group SAS, which holds a 53.9% majority share in bet-at-home.com AG, is set to sell its stake as part of a transaction involving the acquisition of a majority shareholding in Tipico Group by Banijay Group N.V. This change will result in bet-at-home.com AG no longer having a majority shareholder, as the shares will be distributed among multiple purchasers, each acquiring less than 5%. This restructuring could impact the company’s governance and strategic direction, although no further direct effects on the company have been disclosed.
The most recent analyst rating on (DE:ACX) stock is a Hold with a EUR2.50 price target. To see the full list of analyst forecasts on bet at home.com stock, see the DE:ACX Stock Forecast page.
More about bet at home.com
bet-at-home.com AG is a company operating in the online gaming and sports betting industry. It offers a range of online gambling products, including sports betting, casino games, and poker, primarily targeting the European market.
Average Trading Volume: 2,061
Technical Sentiment Signal: Strong Sell
Current Market Cap: €17.4M
See more insights into ACX stock on TipRanks’ Stock Analysis page.