Redbet fork out out two many litigation

Abbatina sued Redbet of tens of millions gets portion operator of your gaming business.

Just about a yr ago, the conflict amongst the corporate Abbatina Malta and gaming company Redbet Holding recognized. Now the reconciliation with the get-togethers.

The settlement implies that Redbet exchange Abbatina with an amount of one.twenty five million, which can be paid out at one.twenty five million in dollars and 588 235 new shares during the keeping firm.

– With this particular settlement, the events agreed the most effective consensus and might jointly set it driving us. Redbet welcome Abbatina to be a shareholder inside the corporation, says Claes Hallen, CEO of Redbet.

Abba Tina sued Redbet to enjoy the company’s subsidiaries haven’t compensated their personal debt which the organization had no independent activity but that all capabilities have been integrated within the keeping company.

Abbatina demanded 750 000 euros from Redbet.