Betsson has agreed to purchase the holding company Class One Holding, for €100.
If approved by regulators, the purchase price will be paid in cash and new stock shares. In addition, the firm is to pay €2.3 million for acquired cash and cash equivalents and acquired net income, according to reports.
Betsson has also said that an additional purchase price in cash, based on an anticipated re-regulation in Holland, may be paid up to a maximum of €45 million for a possible total purchase price of €145 million.
