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Intertain moves closer to acquiring Nordic-facing Vera&John

15th December 2014 1:05 pm GMT

Canada’s Intertain Group has moved closer to acquiring Vera&John, entering into a share purchase agreement with the Nordic-facing online gaming operator’s parent company Dumarca Holdings.

The share purchase agreement follows the signing of a non-binding letter of intent in October, and will see Intertain acquire the entire issued share capital of Dumarca Holdings, the Malta-based parent company of Vera&John.

The acquisition will require an initial payment of €44.5m in cash, subject to certain net cash and [...]

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