Australia's Jumbo Interactive climbs on Dream Car Giveaways acquisition

Jumbo Interactive

15/10/2025 01:33

** Shares of Australia's Jumbo Interactive JIN.AX rise as much as 9.7% to A$10.75, their biggest intraday gain since August 26

** The digital lottery specialist says it acquired UK-based digital prize draw competition platform, Dream Car Giveaways, for an enterprise value of A$109.9 million ($71.28 million)

** Enterprise value includes upfront cash of A$75.2 million and equity component of A$10.2 million

** Jumbo Interactive stock has lost 22.8%, YTD

($1 = 1.5418 Australian dollars)

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.singhchundawat@thomsonreuters.com))