October 20, 2021
Catena Media Plc has informed that its Q3 trading results will be negatively impacted by the writedown of its German sports betting assets. The Stockholm-listed publisher issued a preliminary Q3 update, informing investors that it had allocated €42.8 million for the writedown of German sports betting assets acquired between 2016 and 2018. The decision follows an assessment of the assets …
Read More »December 4, 2017
Stockholm-listed industry affiliate marketing network Catena Media continues its M&A expansion confirming that it has agreed to acquire German focused sports affiliate Baybets Ltd. Updating the market, Catena governance informs that it has agreed an initial payment of €26.5 million to takeover Baybets’ 50 website portfolio. Furthermore, its acquisition deal will have an attachment of a further €65 million in …
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