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Better Collective raises €145 million to fund future M&A

29th February 2024 10:57 am GMT

Betting and gaming affiliate Better Collective has raised DKK1.08 billion (approximately €145.1 million) through a new share offering, which will be used for future M&A opportunities in the sports media space.

The company has issued 5,712,284 new shares, equivalent to approximately 10 per cent of its registered share capital, through an accelerated bookbuilding process with a subscription price of DKK189.40.

The private placement was directed at institutional and professional investors in Denmark, Sweden and other jurisdictions, and [...]

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