March 2, 2017 / 7:27 AM / 6 months ago

BRIEF-Sportech to sell football pools business for 83 mln stg in cash

March 2 (Reuters) - Sportech Plc:

* Proposed disposal of the football pools business

* Proposed disposal of football pools business for cash consideration of 83.0 million stg

* Net cash proceeds of disposal may enable Sportech group to provide a further return of capital to shareholders

* Sale to FP Acquisitions Limited, a newly incorporated private limited company controlled by funds advised by Opcapita Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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