Following the satisfaction of conditions precedent, Unibet Group has today finalised the acquisition of the business and certain assets of Nordic Betting, trading as Bet24.
The acquisition price was €13.5m, of which 80 per cent has been settled in cash. The final 20 per cent is scheduled for payment around the end of June 2012 subject to certain conditions.
Bet24 will continue to trade under the existing brand and through the current platform for an interim period and its customers need take no action as a result of today’s announcement.
Unibet Group plc will integrate the operations of Bet24 with its own Maltese operations in due course.
