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UK Probing Stars Group's $4.7B Sky Betting Buy

Law360 (July 11, 2018, 9:55 PM EDT) -- United Kingdom antitrust authorities announced an investigation Wednesday into the Canadian gaming company Stars Group Inc.’s just-completed $4.7 billion purchase of Sky Betting & Gaming from CVC Capital Partners in a cash-and-stock deal to create what’s billed as the world’s largest publicly listed online gaming company.

The U.K.’s Competition and Markets Authority offered no insight into its investigation in Wednesday’s announcement other than to note that an initial enforcement order was served on the companies July 6. That order told them take no action integrating their...
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