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Betsson completes Betsafe acquisition

16th June 2011 8:12 am GMT

Sweden’s Betsson AB has completed the acquisition of Malta-based online gaming operator Betsafe for an initial consideration of approximately €32.5m, following the receipt of necessary regulatory approvals.

Betsson has acquired all shares and warrants in the company through the acquisition of Betsafe’s holding company Artic Invest SA for an initial consideration of approximately €32.5m, consisting partly of cash and partly of the transfer of 234,555 Betsson B shares and a new issue of 684,269 B shares.

The [...]

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