Azerion, a prominent European digital advertising platform, has announced the completion of its divestment of Whow Games to DoubleDown Interactive. The transaction was finalized for a total of €65 million, which includes an upfront payment of €55 million and an additional earn-out of up to €10 million, pending customary adjustments. The announcement marks the conclusion of the sale process, enhancing DoubleDown Interactive's portfolio with the acquisition of Whow Games.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.