Brief: Better Collective Acquires Leading Brazilian Sports Media

Better Collective A/S

04/09/2023 12:20

Sept 4 (Reuters) - Better Collective A/S  BETCO.ST :
    * BETTER COLLECTIVE ACQUIRES LEADING BRAZILIAN SPORTS MEDIA
TORCEDORES.COM
    * DEAL INCLUDES OTHER SMALLER ASSETS IN TORCEDORES.COM
PORTFOLIO,
AND BETTER COLLECTIVE WILL BE TAKING OVER ALL OPERATIONS
    * PARTIES HAVE AGREED THAT DETAILS OF TRANSACTION REMAIN
UNDISCLOSED
    * 2023 FINANCIAL TARGETS REMAIN UNCHANGED FOLLOWING
ACQUISITION
    * BETTER COLLECTIVE DISCLOSES THAT GROUP WILL FINANCE
TRANSACTION
WITH CASH

Source text for Eikon:  ID:nMFN35PDsR 
Further company coverage:  BETCO.ST 

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