Betsson AB (publ) completes the acquisition of NordicBet and resolves, as a result thereof, on an issue in kind
Betsson AB (publ) (”Betsson”) has today, following receipt of necessary regulatory approvals, completed the previously announced acquisition of NordicBet (through acquisition from Nordic Gaming Group plc of the holding company Transvectio Ltd) (“NordicBet”). Betsson has acquired all shares in NordicBet by payment of a consideration of approximately EUR 65 million consisting partly of cash and partly of a new issue of 217,974 shares of series B (“B Shares”). As previously announced, additional purchase price, based on the development of the acquisition during 2012, may become payable.