September 30, 2022
FL Entertainment NV has published its first set of results as an Amsterdam Euronext media and entertainment conglomerate, merging the business assets of Banijay Group and Betclic Everest. Founded in May, FL Entertainment was formed via a SPAC merger with Pegasus Entrepreneurs. The business holds the media and sports betting assets of French mogul Stéphane Courbit, and listed on the …
Read More »May 17, 2022
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 it had agreed €850m for …
Read More »May 12, 2022
Betclic has become central in the plans to establish ‘FL Entertainment’ – a new Pan-European entertainment conglomerate that seeks to list on the Amsterdam Euronext Exchange, targeting a + €7 billion valuation. Yesterday, French media mogul Stéphane Courbit ordered for his Banijay (Zodiak + Endmol Shine) entertainment venture to be merged with Betclic Everest to form FL Entertainment. Deal makers …
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