After agreeing to buy AceOdds Media and all related assets, Better Collective A/S will greatly increase its footprint in the UK betting market.
AceOdds will receive a €40 million cash payment from Better Collective as part of the transaction, which will be completed on a net cash/debt free basis. A share buyback program will be started to complete the transaction, and the remaining purchase fee will be rewarded in Better Collective shares priced on Nasdaq Copenhagen.
AceOdds will receive a €40 million cash payment from Better Collective as part of the transaction, which will be completed on a net cash/debt free basis. A share buyback program will be started to complete the transaction, and the remaining purchase fee will be rewarded in Better Collective shares priced on Nasdaq Copenhagen.