Letter of Intent regarding affiliate assets within the Nordics
Net Gaming has signed an exclusive Letter of Intent regarding the acquisition of several affiliate assets. These will operate primarily within Sweden, but also in the UK, driving traffic throughout paid media channels.The operation of these affiliate assets is growing fast. Currently, they are expected to generate quarterly revenues of approximately EUR 400,000, with an operating margin in the region of 50 percent. The acquisition of these assets is expected to be finalised after completion of due diligence procedures. The initial purchase price amounts to EUR 3,000,000, of which EUR 2,