It will now rebrand the platform from Eurosportbet.fr to Unibet.fr
Unibet’s acquisition of the Solfive Group finalised
2011-12-15
Reading time 25 seg
(UK / France).- Following the approval by ARJEL on 8 December, Unibet Group has finalised the acquisition of 100 % of the French company Solfive SAS. The acquisition price is 5.625 million Euro, plus net cash adjustment of 1.5 million Euro, which has been paid as cash up front this week.
Unibet has also provided funds to Solfive to enable the company to settle a fixed debt of 2.375 million Euro). Depending on trading results in the first six months an earn-out may be payable.
Unibet Group will consolidate Solfive SAS in its results. It will now rebrand the platform from Eurosportbet.fr to Unibet.fr following a short transition.
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