Spettacolo
Net Gaming Signs Letter of Intent to Acquire Assets in the DACH Region
The acquisition of the operations is expected to take place after completion of a due diligence process. The initial purchase consideration of EUR 2.29 million will be settled with existing cash resources. Payment of a maximum additional consideration of EUR 1.25 million may also be required. The additional consideration is based on the outcome of the acquired assets' EBITA for the 12 months following completion of the transaction. For the full additional consideration of EUR 1.25 million to apply, the outcome of the acquired assets' EBITA is required to be at least EUR 1.0 million over the next 12 months.
For further information, please contact:
Marcus Teilman
President and CEO
+356-9936-7352
Net Gaming Europe AB (publ)
Telephone: +46 8-410-380-44
E-mail: info@netgaming.se
Website: www.netgaming.se
About Net Gaming
Net Gaming owns, operates and develops high-quality online comparison sites for the purpose of channelling user traffic to the Company's customers – primarily iGaming operators. Within the Group, approximately 130 comparison sites are operated in 30 countries. Net Gaming generates valuable user traffic through the sites, mainly to global iGaming operators. The Company was founded in 2005, has over 80 employees and is headquartered in Malta . The share (NETG) is listed on AktieTorget.��
This information was brought to you by Cision http://news.cision.com
http://news.cision.com/net-gaming-europe/r/net-gaming-signs-letter-of-intent-to-acquire-assets-in-the-dach-region,c2500193
The following files are available for download: