Uk Sportech Buys Us Scientific Games's Sgr Unit for Usd83m

Summary


MANAVIGATOR-January 27, 2010-UK Sportech buys US Scientific Games's SGR unit for USD83m (C)2010 M2 COMMUNICATIONS http:// www.m2.com

British gaming company Sportech (LON:SPO) said on Wednesday it has agreed to buy SGR, the racing and venue management unit of US Scientific Games Corp (NASDAQ:SGM) for up to USD83m (EUR59m) in cash and stock to expand its pools betting operations.

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Uk Sportech Buys Us Scientific Games's Sgr Unit for Usd83m

Under the terms of the agreement, Sportec...

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