Brief: Better Collective Acquires Rekatochklart.com To Strengthen Market Position In Sweden

Better Collective A/S

31/03/2021 12:15

March 31 (Reuters) - Better Collective A/S  BETCO.ST :
    * BETTER COLLECTIVE ACQUIRES REKATOCHKLART.COM TO STRENGTHEN
MARKET POSITION IN SWEDEN
    * BETTER COLLECTIVE STRENGTHENS ITS POSITION IN SWEDISH
SPORTS
BETTING MARKET BY ACQUIRING ONLINE SPORTS BETTING MEDIA
PLATFORM, REKATOCHKLART.COM FOR 3.8 MEUR.
    * ACQUISITION WAS COMPLETED AS AN ASSET PURCHASE FROM
WIN&FUN
MEDIA LTD. AND BETTER COLLECTIVE WILL CONSOLIDATE ACQUIRED ASSET
INTO ITS GROUP ACCOUNTS AS OF NOW.
    * IN 2020, PLATFORM GENERATED ANNUAL REVENUE OF APPROX 1.2
MEUR
AND OPERATING EARNINGS  OF APPROX 0.9 MEUR

Source text for Eikon:  ID:nGNE9sGwN6 
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