7 January 2021

Gernandt & Danielsson advises Enlabs in connection with the public offer from Entain

Entain plc announced on 7 January 2021 a public offer to the shareholders of Enlabs AB (publ). The offer values Enlabs to approximately SEK 2.8 billion. An independent bid committee of the board of directors of Enlabs recommends the shareholders to accept the offer.

Enlabs creates entertainment within iGaming in the Baltics. The shares in Enlabs are admitted to trading on Nasdaq First North Growth Market. Entain (formerly known as GVC Holdings) is one of the world’s largest sports-betting and gaming groups. The shares in Entain are admitted to trading on the London Stock Exchange.

Gernandt & Danielsson advises Enlabs’ independent bid committee with a team consisting of Partner Fredrik Palm and Senior Associate Daniel Sveen.