Betsson terminates Dutch acquisition agreement after KSA misses deadline
Betsson said it terminated its agreement to acquire Holland Gaming Technology and Holland Power Gaming after the KSA did not issue a decision by the agreed long-stop date. The businesses will return to their previous owners, and Betsson will receive €26.7m of the original €27.5m purchase price after a break-fee deduction.
Betsson’s planned acquisitions ended after the KSA missed the agreed decision deadline, and the businesses return to previous owners.