Betclic on course for Banijay merger as SBM Monaco fund sells equity
Société des Bains de Mer et du Cercle des Étrangers à Monaco (SBM Monaco) – the sovereign investment trust of the Principality of Monaco, has agreed to sell its 47% shareholding in Betclic Everest to FL Entertainment. The equity sale was notified to the Luxembourg Bourse securities exchange, in which the Monaco fund disclosed that …