Brief: Reg-Better Collective Completes Acquisition Of Action Network

Better Collective A/S

28/05/2021 16:53

May 28 (Reuters) - Better Collective A/S  BETCO.ST :
    * REG-BETTER COLLECTIVE COMPLETES ACQUISITION OF ACTION
NETWORK
    * SAYS ANNOUNCES SUCCESSFUL COMPLETION OF ITS PREVIOUSLY
ANNOUNCED
ACQUISITION OF LEADING US SPORTS BETTING MEDIA PLATFORM, ACTION
NETWORK
    * SAYS PURCHASE PRICE OF 240 MUSD (198 MEUR) IS SETTLED IN
CASH
AND A 11.4 MUSD ISSUANCE OF NEW BETTER COLLECTIVE (BETCO.ST)
SHARES, WHICH ARE TO BE ISSUED AT A SHARE PRICE OF 231.35 SEK
(27,61 USD)
    * SAYS DEAL WAS PREVIOUSLY ANNOUNCED ON MAY 3, 2021

Source text for Eikon:  ID:nGNE8rhL96 
Further company coverage:  BETCO.ST 

 (Reporting by Colm Fulton)
 ((Colm.Fulton@thomsonreuters.com;))