Catena Media targets Germany with "largest ever" acquisition

Affiliate acquires German-language odds-comparison firm Baybets

Catena Media has continued its M&A spree with the acquisition of Baybets, an affiliate which specialises in sports betting comparison sites for German-speaking markets. Catena will pay €26.5m up front for the company, with €13.25m being paid with newly issued shares in Catena and the remainder in cash. The deal also calls for earn-out payments…

Affiliates | Catena Media | M&A