Following its acquisition of Betsafe earlier this year for an initial purchase price of €34.0m, Sweden’s Betsson said Wednesday that it will pay out the first part of the additional purchase price of €15m after Betsafe reached the targets set for 2011.
In June of this year, Betsson completed the acquisition of Betsafe’s holding company Artic Invest SA for an initial €34.0m, comprised of cash and cash equivalents of €19.6m and class B shares in Betsson [...]