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Aspire Global: Divestment of B2C Segment

2021-10-01

14:50

HA

DF

Hjalmar Ahlberg

Douglas Forsling

Redeye comments on Aspire Global’s announcement that they are divesting its B2C business to US-based Esports Technologies. We view positively on the news of the divestment as Aspire becomes a pure B2B provider supporting a higher valuation while it also further strengthens the company’s financial position which could pave way for more M&A in the B2B segment.

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