Acquisition

13 Apr 2005 13:32

betinternet.com PLC13 April 2005 betinternet.com plc The Board of betinternet, the global on-line gaming group, is pleased to confirmthat the Company's acquisition of a 22.5% stake in Global Coresports Limited, aspreviously announced on 18 March 2005, has been completed today. The consideration for the acquisition of £250,000 in cash is being funded by theissue of a £250,000 loan note to Burnbrae Limited on which interest is payableby the Company at 6 percent. per annum. This information is provided by RNS The company news service from the London Stock Exchange