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Spreadex, Sporting Index can expect decision by July in rerun of UK deal review

( March 14, 2025, 14:57 GMT | Official Statement) -- MLex Summary: The UK merger regulator says its reassessment of Spreadex’s acquisition of online sports betting rival Sporting Index’s consumer-facing business is scheduled to be completed around June/July. The Competition and Markets Authority must reconsider the deal after the company persuaded competition judges to overturn an order to unwind it on the basis of errors by the regulator. Spreadex bought Sporting Index's business-to-consumer business in 2023, but in its original review the CMA identified concerns that the deal would harm competition in the market for licensed online sports spread betting services. Statement follows. Document is attached....

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