Tag Archives: Financière Lov

Betclic on course for Banijay merger as SBM Monaco fund sells equity 

SBC News 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 it had agreed €850m for …

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Betclic faces SPAC makeover as owner targets €7bn Amsterdam listing

betclic Fl Entertainment

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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