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Catena Media completes review with sale of Italian assets for €19.8 million

21st November 2023 10:25 am GMT
Catena Media

Catena Media has entered into agreements to sell its Italian online sports betting and casino affiliate assets for €19.8 million to two different buyers.

The divestments mark the company’s exit from the Italian market, with one of the transactions already completed and the other due to complete before the end of this year.

The aggregate purchase prices for the sales will be paid in three tranches, and comprise a €12.8 million payment in October and November, a [...]

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