European online gaming giant Unibet Group has finalised its acquisition of 100 per cent of Maltese company, Maria Holdings.
The acquisition price is SEK705m (£54m), including net cash, which has been paid as cash up front and financed by a recent bond issue.
Unibet Group will now consolidate Maria Holdings into its results. For the period January 1 to November 30, 2007, gross winnings for Maria Holding were SEK102.2m (£7.8m).
"With this acquisition we will strengthen our position as the number-one private operator in the Nordic region, as well as within the fast growing online bingo market,” commented Petter Nylander, CEO of Unibet Group.
