BRIEF-Sportradar Announces Agreement To Acquire IMG Arena And Its Strategic Portfolio Of Global Sports Betting Rights

Reuters
19 Mar
BRIEF-Sportradar Announces Agreement To Acquire IMG Arena And Its Strategic Portfolio Of Global Sports Betting Rights

March 19 (Reuters) - Sportradar Group AG 1M4.F:

  • SPORTRADAR ANNOUNCES AGREEMENT TO ACQUIRE IMG ARENA AND ITS STRATEGIC PORTFOLIO OF GLOBAL SPORTS BETTING RIGHTS

  • SPORTRADAR GROUP AG: ENTERED INTO DEFINITIVE AGREEMENT WITH ENDEAVOR GROUP TO ACQUIRE IMG ARENA AND ITS GLOBAL SPORTS BETTING RIGHTS PORTFOLIO

  • SPORTRADAR GROUP AG: DEAL EXPECTED TO ACCELERATE REVENUE, ADJUSTED EBITDA AND FREE CASH FLOW GROWTH AND WILL BE ACCRETIVE TO ADJUSTED EBITDA MARGINS

  • SPORTRADAR GROUP AG: TRANSACTION PROVIDES FINANCIAL CONSIDERATION TOTALING $225 MILLION

Source text: ID:nGNXbvhxR9

Further company coverage: 1M4.F

((Reuters.Briefs@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10