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  • Sports Toto Online to be absorbed into Orion
    Sports Toto Online to be absorbed into Orion
    Orion (001800) announced its plans to take over Sports Toto Online, an online sports betting platform, as a wholly owned subsidiary to increase management efficiency. The stock swap ratio is 1:0, and Orion will own 100 percent stake in Sports Toto Online. There will be no change of majority shareholders post-merger. By Jung Min-kyung (mkj1105@heraldcorp.com)
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Sports Toto Online to be absorbed into Orion

Aug. 22, 2016 - 16:21 By 정민경
[DISCLOSURE] Orion (001800) announced its plans to take over Sports Toto Online, an online sports betting platform, as a wholly owned subsidiary to increase management efficiency. 

The stock swap ratio is 1:0, and Orion will own 100 percent stake in Sports Toto Online. 

There will be no change of majority shareholders post-merger.

By Jung Min-kyung (mkj1105@heraldcorp.com)
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