Redbet pay out two countless litigation

Abbatina sued Redbet of millions turns into element owner with the gaming firm.

Just in excess of a calendar year ago, the conflict amongst the corporate Abbatina Malta and gaming corporation Redbet Holding noticed. Now the reconciliation of the get-togethers.

The settlement signifies that Redbet swap Abbatina with an amount of money of one.twenty five million, which is compensated at 1.25 million in hard cash and 588 235 new shares from the holding enterprise.

– With this particular settlement, the functions agreed the most effective consensus and can jointly place it at the rear of us. Redbet welcome Abbatina as a shareholder from the business, states Claes Hallen, CEO of Redbet.

Abba Tina sued Redbet to participate in the company’s subsidiaries haven’t paid their credit card debt which the company had no independent exercise but that each one capabilities have already been built-in in the keeping organization.

Abbatina demanded 750 000 euros from Redbet.