{"id":223,"date":"2024-06-27T05:27:52","date_gmt":"2024-06-27T02:27:52","guid":{"rendered":"https:\/\/winportcasinonodepositbonus.icu\/2024\/06\/27\/better-collective-acquires-stake-in-catena-media\/"},"modified":"2024-06-27T05:27:52","modified_gmt":"2024-06-27T02:27:52","slug":"better-collective-acquires-stake-in-catena-media","status":"publish","type":"post","link":"https:\/\/winportcasinonodepositbonus.icu\/2024\/06\/27\/better-collective-acquires-stake-in-catena-media\/","title":{"rendered":"Better Collective Acquires Stake in Catena Media"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/Yuk3k09s4rY\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Better Collective has declared that it has obtained a minimum of 5% of Catena Media&#8217;s stock.<\/p>\n<p>Better Collective refused to provide additional details regarding the purchase.<\/p>\n<p>The company revealed this information after the conclusion of trading on the Nasdaq Stockholm Stock Exchange, where both Better Collective and Catena Media are listed.<\/p>\n<p>Previously, Catena Media announced the appointment of Carnegie Investment Bank AB as its financial advisor. Carnegie will assist Catena in determining strategic choices for the disposal of its remaining operations.<\/p>\n<p>According to the agreement, Carnegie will engage in discussions with third parties who are interested in acquiring portions of the subsidiary&#8217;s assets.<\/p>\n<p>In December 2022, Catena Media agreed to sell AskGamblers to Gaming Innovation Group (GiG) for \u20ac45 million, following a report by iGB in November that a deal to sell the leading brand was imminent.<\/p>\n<p>The transaction was finalized yesterday (January 31).<\/p>\n<p>This development follows a strategic review initiated last May, during which Catena explored the possibility of a sale. <\/p>\n<p>Catena is contemplating the sale of its European wagering and online gaming ventures to concentrate on the North American market.  They&#8217;ve divulged that as part of this, they&#8217;ve discharged 25% of their European workforce.<\/p>\n<p>Catena recently declared record earnings from the introduction of sports betting in Ohio, which commenced on January 1st, 2023.<\/p>\n<p>The organization also recently disclosed their intention to repurchase some of their own stock on the Nasdaq Stockholm Stock Exchange to return funds to their shareholders. <\/p>\n<p>You can register for the iGaming newsletter to receive more news like this. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Better Collective has declared that it has obtained a minimum of 5% of Catena Media&#8217;s&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Better Collective Takes Stake in Catena Media<\/title>\n<meta name=\"description\" content=\"Better Collective has acquired a minimum 5% stake in Catena Media, a move that could signal a potential takeover bid.\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/winportcasinonodepositbonus.icu\/2024\/06\/27\/better-collective-acquires-stake-in-catena-media\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Better Collective Acquires Stake in Catena Media\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Better Collective has acquired a minimum 5% stake in Catena Media, a move that could signal a potential takeover bid.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/winportcasinonodepositbonus.icu\/2024\/06\/27\/better-collective-acquires-stake-in-catena-media\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Unleash Your Inner Casino Champion | Licensed Games &amp; Strategies\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T02:27:52+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/winportcasinonodepositbonus.icu\/2024\/06\/27\/better-collective-acquires-stake-in-catena-media\/\",\"url\":\"https:\/\/winportcasinonodepositbonus.icu\/2024\/06\/27\/better-collective-acquires-stake-in-catena-media\/\",\"name\":\"Better Collective Takes Stake in Catena Media\",\"isPartOf\":{\"@id\":\"https:\/\/winportcasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-27T02:27:52+00:00\",\"dateModified\":\"2024-06-27T02:27:52+00:00\",\"author\":{\"@id\":\"https:\/\/winportcasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Better Collective has acquired a minimum 5% stake in Catena Media, a move that could signal a potential takeover bid.\",\"breadcrumb\":{\"@id\":\"https:\/\/winportcasinonodepositbonus.icu\/2024\/06\/27\/better-collective-acquires-stake-in-catena-media\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/winportcasinonodepositbonus.icu\/2024\/06\/27\/better-collective-acquires-stake-in-catena-media\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/winportcasinonodepositbonus.icu\/2024\/06\/27\/better-collective-acquires-stake-in-catena-media\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/winportcasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Better Collective Acquires Stake in Catena Media\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/winportcasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/winportcasinonodepositbonus.icu\/\",\"name\":\"Unleash Your Inner Casino Champion | Licensed Games &amp; Strategies\",\"description\":\"Discover the secrets of casino success through our fresh news, in-depth game reviews, and informative insights. 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