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River iGaming to acquire Media247 for NOK 12m
April 26, 2019

River iGaming P.l.c. has acquired 100% of the Norwegian content marketing company Media247 AS against a total consideration of NOK 12m. The company currently operates two niche viral magazines, Sportsbibelen and Gaffa. The transaction corresponds to an EV / sales multiple of 6.9x.

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