Esports Technologies Inc

-0.13 (-0.46%)
Debt Financing / Related, Divestitures / Spin-offs

Aspire Global Sells Its B2C Segment To Esports Technologies

Published: 10/01/2021 12:26 GMT
Esports Technologies Inc (EBET) - Aspire Global Sells Its B2c Segment to Esports Technologies.
Has Signed an Agreement to Sell Its B2c Segment to Us-based Group Esports Technologies, Inc.divestment is Following Aspire Global's Review of B2c Segment That Was Announced in March This Year.
Consideration Sums Up to About EUR 65 Million.
Transaction Also Includes a Four-year Platform and Managed Services Agreement With an Estimated Gross Value of EUR 70 Million.
Closing of Acquisition is Subject to Esports Technologies Receipt of Financing, As Well As Other Closing Requirements.
Transaction is Expected to Close by November 30, 2021.