British judge approves Entain's $737 mln settlement over Turkish bribery probe

British judge approves Entain's $737 mln settlement over Turkish bribery probe

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British judge approves Entain's $737 mln settlement over Turkish bribery probe

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(Reuters) - Ladbrokes-owner Entain (ENT.L) said on Tuesday it had received a final approval from a UK judge for the settlement of charges stemming from alleged bribery offences at the global sports betting group's former Turkish unit.

Under the deferred prosecution agreement entered earlier, the London-listed company agreed to pay a penalty of 585 million pounds ($737 million), which will now be paid over four years from Dec 5.