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Betsson completes Nordic Gaming Group acquisition

21st June 2012 8:36 am GMT

Sweden’s Betsson has completed the acquisition of Nordic Gaming Group (NGG) following receipt of necessary regulatory approvals.

Betsson has acquired all shares in NGG’s holding company Transvectio Ltd by payment of a consideration of approximately €65m, consisting partly of cash and partly of a new issue of 217,974 shares of series B shares.

An additional purchase price based on the development of the acquisition during 2012 may also become payable - which [...]

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