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Unibet completes acquisition of MTG’s Bet24

3rd May 2012 12:32 pm GMT

Unibet Group plc has completed the acquisition of Nordic Betting, the subsidiary of Sweden’s Modern Times Group which operates the Bet24 brand, for a total consideration of €13.5m ($17.8m).

Following the satisfaction of various regulatory conditions, Unibet has finalised the acquisition of the business and certain assets of Nordic Betting Ltd, trading as Bet24.Modern Times Group (MTG) confirmed that it has received 80 per cent of the total consideration of €13.5m in [...]

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