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Entain shares fell 10% to their lowest since March 29, in their biggest daily decline in four months.
After the European market close on Tuesday, the sports-betting and gaming company said it will pay 24.8 Polish zlotys ($5.97) for each STS shares in a 750 million pounds ($946 million) deal, which will further its footprint in Europe.
STS shares surged to December 2021 high, last up 12.3%.
