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Unibet set to re-enter France with Solfive acquisition

16th November 2011 7:25 am GMT

Unibet Group plc has entered into an agreement to acquire France’s Solfive SAS, operator of the Eurosportbet and Eurosportpoker brands in the French market.

Under the terms of the agreement, Unibet will acquire Solfive, owner of SPS Betting France SAS, for an initial consideration of €5.625m plus net cash adjustment of €1.5m, payable upon closing. The acquisition also includes an earn-out component based on performance during the first six months of trading post-acquisition, together with an [...]

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