Divestiture
1 articles tagged "Divestiture".
Entain to Cut 500 Jobs as Part of Efficiency Drive, Citing Longer-Term Cost Optimisation
Entain is cutting 500 roles globally across corporate functions as part of a long-term cost optimisation effort, while also pushing ahead with a €425 million divestiture of its CEE business. The operator has separately estimated that proposed UK online betting tax hikes would add roughly £200 million in annual costs.