April 19, 2018 / 12:20 PM / 7 months ago

BRIEF-Net Gaming To Acquire Assets In The DACH Region

April 19 (Reuters) - Net Gaming Europe AB:

* NET GAMING SIGNS LETTER OF INTENT TO ACQUIRE ASSETS IN THE DACH REGION

* SIGNED A LETTER OF INTENT TO ACQUIRE AFFILIATE ASSETS, PRIMARILY IN DACH REGION

* OPERATIONS SHOW STRONG GROWTH AND ARE CURRENTLY EXPECTED TO GENERATE QUARTERLY SALES OF APPROXIMATELY EUR 200,000

* INITIAL PURCHASE CONSIDERATION OF EUR 2.29 MILLION WILL BE SETTLED WITH EXISTING CASH RESOURCES

* PAYMENT OF A MAXIMUM ADDITIONAL CONSIDERATION OF EUR 1.25 MILLION MAY ALSO BE REQUIRED Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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