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MTG’s Bet24 next up for acquisitive Unibet

11th April 2012 7:40 am GMT

Unibet Group plc has signed an agreement to acquire Bet24, the online gaming company of Sweden’s Modern Times Group, for a total cash consideration of approximately €13.5m.

The transaction marks Unibet’s third acquisition in regulated markets in the past six months, following deals with Australia’s Betchoice and France’s Solfive, operator of the EurosportBET brand.

In an agreement signed with MTG subsidiary Nordic Betting Ltd, Unibet said that the acquisition would strengthen its market position in the recently [...]

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