XLMedia has announced the acquisition of Saturday Football Inc (SFI) for a maximum consideration of $24m. SFI is a publisher of US sports content focused on college football news. The acquisition offers many cross-selling synergies, expands the Group's regulated activities and is accretive to earnings in our forecasts.
02 Sep 2021
Cenkos: XLMedia Plc -- Third US sports betting acquisition
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Cenkos: XLMedia Plc -- Third US sports betting acquisition
XLMedia Plc (XLM:LON) | 12.5 0 0.0% | Mkt Cap: 32.5m
- Published:
02 Sep 2021 -
Author:
Cavendish Research -
Pages:
5
XLMedia has announced the acquisition of Saturday Football Inc (SFI) for a maximum consideration of $24m. SFI is a publisher of US sports content focused on college football news. The acquisition offers many cross-selling synergies, expands the Group's regulated activities and is accretive to earnings in our forecasts.