Coates family reportedly weighs possible bet365 sale
The Coates family is reportedly considering a full or partial sale of bet365, with discussions involving banks and US advisers. The potential transaction has been reported at £9bn, while options mentioned include a private equity investment, a later US listing or a spin-off. No deal has been announced, and the report also cites the company’s earlier decision to wind down operations in China.
A potential sale or listing could affect ownership and the strategic direction of one of the named gambling businesses.