Betsson unwinds €27.5m Dutch acquisition after approval deadline
Betsson said it terminated its agreement to acquire Holland Gaming Technology and Holland Power Gaming after the Dutch Gambling Authority did not decide by the agreed long-stop date. The businesses will return to their sellers, and Betsson will receive €26.7m after a break-fee deduction from the €27.5m purchase price.
Betsson’s planned acquisitions ended after the Dutch Gambling Authority missed the agreed decision deadline, and the businesses return to sellers.