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Betsson completes acquisition of Dutch-facing casino brands

5th March 2014 8:24 am GMT

Swedish online gaming operator Betsson has completed the acquisitions of the Dutch-facing online casino brands Oranjecasino.com and Krooncasino.com.

Following receipt of necessary regulatory approvals, Betsson has acquired Class One Holding, operator of the two online casino brands, through the payment of €100m in cash and by the new issue of 2,563,028 shares.

In addition, Betsson has paid €2.3m for acquired cash and cash equivalents and acquired net income.

An additional purchase price in cash, based on the [...]

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