na Media has announced the completion of a deal to acquire Dreamworx Online for €9.5m, of which €4m will be paid with newly issued shares in Catena, and the remaining €5.5m in cash.Dreamworx Online operates in the sports, casino and financial services market, operating websites such as Sportwettenanbieter.com, Fussballwetten.info and DeutscheFXBroker.de.Catena expects the acquired assets to generate around €600,000 in quarterly sales, with an operating margin of approximately 80%.The operator will now become part of Catena’s sport division, run by Baybets, another Catena Media acquisition made back in December, 2017.Henrik Persson Ekdahl, acting Chief Executive of Catena, commented: “The assets of Dreamworx will strengthen our position as the leading affiliate in Germany. This will place us in the top position, short-term for the Fifa World Cup 2018 as well as long-term.”Catena Media stated that they expect the deal to be finalised by the end of the month.
Twins vs. Braves Prediction, Odds, Picks – August 26
Preview the August 26 matchup between the Minnesota Twins and Atlanta Braves with odds over/under, game spread, betting lines and more.
