Better Collective submits bid to acquire Catena Media
September 28, 2020
Both Better Collective and Catena Media's business is to generate customers for the online gaming sector, but while Catena Media mainly has its revenues from the casino segment, Better Collective focuses on sports betting. Danish Better Collective has according to DI’s sources given several bids to acquire Catena Media, the latest bid at SEK 50 per share. Catene Media is currently trading at SEK 31 per share and has a market cap of SEK 2.1bn. The bids by Better Collective have reportedly been declined.
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