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 [...]