Sportech pledges £20m payout after pools sale

Sportech pledges £20m payout after pools sale

News that Sportech (SPO) finally agreed to sell its iconic football pools business to private equity firm OpCapita for £83m - just months after shelving plans to flog it for £97m to Burlywood Capital - stole the headlines on the gambling specialist's results day. While accepting £14m less probably didn't impress investors, Sportech's pledge to return £20m of the proceeds to shareholders more than compensated.

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