Aspire Global Sells its B2C Segment to Esports Technologies
Aspire Global has signed an agreement to sell its B2C segment to the US-based Group Esports Technologies, Inc. (Nasdaq: EBET). The divestment is following Aspire Global’s review of the B2C segment that was announced in March this year. The consideration sums up to about €65 million. The transaction also includes a four-year platform and managed services agreement with an estimated gross value of €70 million.The consideration consists of €50 million in cash, €10 million in a promissory note and €5 million in common stock in the listed entity of Esports