Completion of Belgium casino disposalSource: RNS
1 April 2021
The Rank Group Plc ('Rank' or the 'Group')
Completion of Belgium casino disposal
Rank confirms that it has now completed the sale of its Blankenberge casino and associated digital licence to Kindred Group plc.
Total consideration for the sale was £25 million on a cash free / debt free basis and has been satisfied in cash. The sale proceeds will support the Group's liquidity and future initiatives derived from its Transformation 2.0 programme.
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