Betfred enters local arena after buying Betting World for R120m
UK firm owned by billionaire Fred Done will probably introduce special offers to punters, as most will do for Saturday’s Epsom Derby
01 June 2021 - 16:41
In his latest status report, business-rescue practitioner John Evans says that Phumelela’s Betting World (Pty) Ltd has been sold for R120m. The buyer is UK-based betting firm Betfred.
Evans said the selling price for Betting World is still subject to final adjustment in respect of the net value of working capital items included in the balance sheet as at May 31 2021...
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