Stockholm and Oslo-listed Gaming Innovation Group (GiG) has entered into an agreement to acquire AskGamblers and other casino affiliate sites from rival Catena Media for a total consideration of €45m.
Expanding its existing GiG Media affiliate business, GiG will acquire Askgamblers.com, Johnslots.com, Newcasinos.com and several smaller domains from Catena Media for €20m in cash on closing.
A further €10m will be due twelve months after completion, with the €15m balance due 24 months after closing.
The transaction, which [...]
