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BRIEF-Catena Media acquires all affiliate related assets in Baybets Ltd
December 4, 2017 / 7:59 AM / 12 days ago

BRIEF-Catena Media acquires all affiliate related assets in Baybets Ltd

Dec 4 (Reuters) - CATENA MEDIA PLC:

* ACQUIRES ALL AFFILIATE RELATED ASSETS IN THE LARGEST GERMAN-FOCUSED SPORTS AFFILIATE BAYBETS LTD

* ‍PURCHASE PRICE AMOUNTS TO AN UPFRONT PAYMENT OF EUR 26.5 MILLION​

* ‍ACQUISITION IS EXPECTED TO GENERATE QUARTERLY SALES OF ABOUT EUR 2.25 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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