09.03.2018 13:57:46
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DGAP-Ad hoc: mybet Holding SE
DGAP-Ad-hoc: mybet Holding SE / Key word(s): Letter of Intent/Joint Venture
mybet Holding conducts exclusive talks about a joint venture with a strategic investor
The company mybet Holding SE and the investor signed a non-binding agreement regarding the possible execution of a transaction that will give the investor at least 30 days' exclusivity with an optional 30-day extension for these negotiations. The objective is to establish a joint venture based in Malta, in which mybet Holding SE will directly or indirectly hold 51 per cent of the shares. After that, in particular the investor will contribute equity in a medium single-digit million range that is to serve predominantly to finance future investments in market activities. mybet Holding SE is to contribute its online business. Reporting enterprise: Reporting person: Information and Explanation of the Issuer to this News:
09-March-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | mybet Holding SE |
Karl-Liebknecht-Straße 32 | |
10178 Berlin | |
Germany | |
Phone: | +49 30 22 90 83 0 |
Fax: | +49 30 22 90 83 150 |
E-mail: | ir@mybet.com |
Internet: | www.mybet-se.com |
ISIN: | DE000A0JRU67 |
WKN: | A0JRU6 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
End of Announcement | DGAP News Service |
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662235 09-March-2018 CET/CEST
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