TILL TRANSAKTIONER
TMT

The Multi Group Ltd. has been acquired by 500.com

The Multi Group has sold a 93% stake to 500.com, a leading online sports lottery service provider in China, for a total cash consideration of approximately US$56 million.

Headquartered in Malta, The Multi Group operates Multilotto.com, which is considered one of the top online lottery betting and casino platforms in the Nordic countries where it holds substantial market share. Operating under a Curacao eGaming license, Multilotto offers players the ability to bet on the outcomes of several of the world’s largest lotteries through its proprietary and scalable platform. The Multi Group was recently granted remote gambling licenses from Malta, remote operating licenses from the UK and a remote bookmaker’s license from Ireland, all of which will further strengthen its market position and ability to rapidly expand into new geographic regions.

500.com Limited (NYSE: WBAI) is a leading online sports lottery service provider in China. It offers a comprehensive and integrated suite of online lottery services, information, user tools and virtual community venues to its users. 500.com was among the first companies to provide online lottery services in China, and is one of two entities that have been approved by the Ministry of Finance to provide online lottery sales services on behalf of the China Sports Lottery Administration Center, which is the government authority that oversees the issuance and sale of sports lottery products in China.

Oaklins' Swedish and Shanghai-based teams were the advisors on this transaction.

Prata med transaktionsteamet

 Adel  Koubaa

Adel Koubaa

Managing Partner
Stockholm, Sverige
Oaklins Sweden
 Nikolaos  Karabelas

Nikolaos Karabelas

Partner
Stockholm, Sverige
Oaklins Sweden

Relaterade transaktioner

Perkbox has been acquired by Great Hill Partners
Riskkapital | TMT

Perkbox has been acquired by Great Hill Partners

Molten Ventures has sold Perkbox to Great Hill Partners.

Lär dig mer
Arculus Cyber Security has been acquired by Bridewell
Riskkapital | TMT

Arculus Cyber Security has been acquired by Bridewell

The shareholders of Arculus Cyber Security (Arculus) have sold the business to Bridewell. The deal will bolster Bridewell’s growing roster of accreditations as well as strengthen its public sector footprint, enabling the expansion of its end-to-end cyber security offering for clients across the globe.

Lär dig mer
PCI Pal has completed an equity raise
Finansiella tjänster | TMT

PCI Pal has completed an equity raise

PCI Pal has completed a fundraising. Funds will be allocated towards several key areas, with a significant portion directed towards supporting its continued expansion in the US, focusing on marketing efforts, product marketing and enhancing engagement with key partners.

Lär dig mer