Redbet shell out out two millions of litigation

Abbatina sued Redbet of thousands and thousands develops into component proprietor of the gaming corporation.

Just about a yr in the past, the conflict among the corporate Abbatina Malta and gaming company Redbet Holding noticed. Now the reconciliation from the events.

The settlement signifies that Redbet swap Abbatina by having an amount of one.25 million, that is paid out at 1.25 million in cash and 588 235 new shares in the holding firm.

– With this settlement, the get-togethers agreed the best consensus and might jointly place it guiding us. Redbet welcome Abbatina for a shareholder inside the corporation, says Claes Hallen, CEO of Redbet.

Abba Tina sued Redbet to engage in the company’s subsidiaries haven’t paid out their financial debt which the organization had no independent exercise but that each one capabilities have been integrated during the holding company.

Abbatina demanded 750 000 euros from Redbet.