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XLMedia increases stake in Finnish joint venture

15th September 2014 7:42 am GMT

Jersey-based online gaming marketing business XLMedia has agreed to acquire an additional 21 per cent stake in an unnamed joint venture which operates the company’s Finnish affiliate network for a cash consideration of $1.5m.

The company said that Finland is one of the group's primary markets for content and search where it currently provides its services through this exclusive contractual joint venture. “XLMedia is already responsible for the management of the JV and this acquisition [...]

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