Redbet pay out two millions of litigation

Abbatina sued Redbet of millions gets to be portion owner on the gaming corporation.

Just over a 12 months in the past, the conflict among the organization Abbatina Malta and gaming company Redbet Holding recognized. Now the reconciliation with the parties.

The settlement signifies that Redbet swap Abbatina by having an volume of one.twenty five million, that’s compensated at one.twenty five million in funds and 588 235 new shares within the holding business.

– Using this type of settlement, the parties agreed the top consensus and may jointly place it guiding us. Redbet welcome Abbatina like a shareholder inside the firm, claims Claes Hallen, CEO of Redbet.

Abba Tina sued Redbet to enjoy the company’s subsidiaries haven’t paid their credit debt which the corporate experienced no impartial exercise but that all capabilities are already built-in inside the keeping organization.

Abbatina demanded 750 000 euros from Redbet.