Unibet’s acquisition of Maria Holdings finalised

Fri, 21 Dec, 2007 15:01 CET

Unibet Group plc has today finalised the acquisition of 100 per cent of the Maltese company Maria Holdings Ltd.

The acquisition price is SEK 705 million (GBP 54 million), including net cash, which has been paid as cash up front today and financed by the recent bond issue. Unibet Group plc will consolidate Maria Holdings as from today in its results.

At closing of the acquisition, all current subsidiaries under Maria Invest AB have been restructured under Maria Holdings Ltd.

For the period 1 January-30 November 2007, gross winnings for Maria Holding were SEK 102.2 million (GBP 7.8 million). Maria Holdings has also showed a strong intake of customers. Registered customers were 186,558 per 30 November, 2007 and active customers 13,814, during the 3 months prior to 30 November, 2007.

"With this acquisition we will strengthen our position as the no. 1 of the private operators in the Nordic region as well as within the fast growing online bingo market", says Petter Nylander, CEO of Unibet Group plc.

“We are looking forward to be part of the Unibet family and together create a strong, unique European gaming operator”, says Jörgen Nordlund, CEO of Maria Holdings.