Joint Venture
22 Octobre 2003 - 12:14PM
UK Regulatory
RNS Number:1678R
Stanley Leisure PLC
22 October 2003
22 October 2003
STANLEY LEISURE plc
Joint Venture
Stanley Leisure plc ("Stanley") announces that one of its joint venture
companies, Stanley Fairbet Limited, has entered into a start-up joint venture
with Invicta LLC to develop a betting business in Romania.
This involves an initial cash investment by each partner of approximately
$1million.
Stanley believes this transaction will have no material earnings impact on its
business in the first full year.
Enquiries
Stanley Leisure plc
Bob Wiper / Michael Riddy
Tel: 0151 237 6000
This information is provided by RNS
The company news service from the London Stock Exchange
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