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Betsson pays €15m additional purchase price for Betsafe

8th September 2011 8:21 am GMT

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 [...]

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