RKG
This is the mail.
Paddypower will buy Sportsbet (unlisted) once the deal has been done they Paddypower will takeover IAS (listed).
Acquiring two licences.
Looks like Sportsbet's buying of IAS might be part of the deal either that or they know what's going on and they would, and are in it to make a quick buck.
Either way IAS will go higher I reckon.
IAS
international all sports limited