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Announced

Ringier to invest £50m in the gaming and media business of LiveScore Group.

Financials

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Transaction Value£50m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Entertainment

United Kingdom

media services

Minority

Gaming

Cross Border

Single Bidder

Acquisition

Private

Friendly

Pending

Synopsis

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Ringier, an operator of a digitalized and diversified Swiss media company, agreed to invest £50m in the gaming and media business of LiveScore Group, a global sports media business and real-time sports updates and results provider. "This is a hugely significant day for LiveScore Group, as we take a significant step forward following a £50m strategic investment from Ringier which values our business at £500m. Ringier, with its Sports Media Group, is the perfect partner as we look to accelerate our expansion into Central and Eastern European territories, given their outstanding expertise, assets and relationships," Sam Sadi, LiveScore CEO.

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