Brief: Betsson Buys 50% In Software Development Company JDP Tech

Betsson AB

16/04/2021 14:14

April 16 (Reuters) - Betsson AB  BETSb.ST :
    * BETSSON AB: BETSSON SECURES PLATFORM TECHNOLOGY TO
CONTINUE
EXPANSION AND SUPPORT FUTURE GROWTH IN LATIN AMERICA
    * BETSSON PERCH INVESTMENTS AB, A SUBSIDIARY OF BETSSON AB,
HAS
ACQUIRED 50% OF THE SHARES IN THE SOFTWARE DEVELOPMENT COMPANY
JDP TECH LTD
    * CONSIDERATION PAYABLE FOR THE SHARES AMOUNTS TO EUR 8.8
MILLION
    * THIS ALLOWS BETSSON TO SECURE CUSTOMER PAYMENT FLOWS FOR
THE
CONTINUED EXPANSION IN LATIN AMERICA

Source text: https://mfn.se/cis/a/betsson/betsson-ab-betsson-secures-platform-technology-to-continue-expansion-and-support-future-growth-in-latin-america-97b75faa
 
Further company coverage:  BETSb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))