Brief: Spiffbet Signs LoI To Acquire Casino Operator Manisol Gaming
15/02/2021 08:03
Feb 15 (Reuters) - Spiffbet AB SPIFF.ST :
* SIGNS LOI TO ACQUIRE CASINO OPERATOR MANISOL GAMING LTD
* PURCHASE PRICE CORRESPONDS TO SEK 30 MILLION ON DEBT-FREE BASIS
* AMBITION IS TO CARRY OUT ACQUISITION DURING FEBRUARY 2021
* POTENTIAL ADDITIONAL PURCHASE PRICE OF SEK 6 MILLION
* ACQUISITION IS EXPECTED TO INCREASE SPIFFBET'S CASINO SALES BY MORE THAN 50%
* INTENDS TO FINANCE ACQUISITION THROUGH DIRECTED SHARE ISSUE OF SEK 41 MILLION
* ISSUE IS FULLY SUBSCRIBED
Source text for Eikon: ID:nWkr8mFgz6
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