Stockholm-listed gaming operator Mr Green has finalised a deal to acquire Danish iGaming company Dansk Underholdning.

Mr Green will pay an initial consideration of around €9m in cash for the business, with an additional consideration of up to €650,000 that can be triggered in April 2018, based on certain performance criteria.

The initial consideration is an approximate figure, with the final amount to be determined based on a multiple of seven times Dansk Underholdning's EBITDA between May 2016 and March 2017.

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