Business
Sale of Blue Square Bet business
Sale of Blue Square Bet business.
About this update from Rank Group Plc
[{"type":"text","content":"\n \nRNS Number : 3711B Rank Group PLC 02 April 2013 \n\n2 April 2013 \n \n \nThe Rank Group Plc\nSale of Blue Square Bet business\n \n \nOn 10 January 2013 The Rank Group Plc (\"Rank\") announced that it was undertaking a review of its loss-making Blue Square Bet business. Following completion of that review, the Rank board concluded that Blue Square Bet should be sold.\n \nRank is pleased to announce that it has today completed the sale of the assets of its Blue Square Bet business to Betfair Group plc for £5 million.\n \nRank intends to focus its resources on further developing the Grosvenor Casinos and Mecca brands in venues and via digital channels.\n \n \n~ ends ~\nwww.rank.com\n \nEnquiries:\n \nRank 01628 504 303\nIan Burke - chairman and chief executive officer\nClive Jennings - group finance director\nSarah Powell - investor relations\n \nFTI Consulting 020 7831 3113\nEdward Bridges / Alex Beagley \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCBXGDSIUGBGXD\n ","length":3602,"tagName":"div"}]