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Ladbrokes owner Entain offers to buy Sweden's Enlabs for about $342.58 mln

Jan 7 (Reuters) - Ladbrokes owner Entain Plc said on Thursday it has offered to buy Sweden-based sports betting firm Enlabs AB for about 2.80 billion SEK ($342.58 million) as it expands into new regulated markets.

Entain, which earlier this week said an $11 billion takeover approach for itself from MGM Resorts significantly undervalued its business, said it would offer 40 SEK for each Enlabs share. ($1 = 8.1732 Swedish crowns) (Reporting by Yadarisa Shabong in Bengaluru; Editing by Sriraj Kalluvila)

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