August 14, 2015 / 1:55 PM / 2 years ago

BUZZ-Sportech: hits 1-year high on Contagious offer

** Pool betting operator Sportech shares rise to an year high after company confirms recommended offer from Canada’s Contagious Gaming

** Co says any recommended offer from Contagious Gaming would be at a premium to it’s Aug 13 closing price of 62.63p

** Sportech shares were trading at 69p, up c.10pct at 1337GMT. Stock is up 11 pct YTD

** Merger activity in the gaming industry has gained ground as firms seek to expand to offset increasing taxes and tighter regulation in Britain

RM: aastha.agnihotri.thomsonreuters.com@reuters.net

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below