Aspire Global: Divestment of B2C Segment
Research Note
2021-10-01
14:50
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.
Hjalmar Ahlberg
Douglas Forsling
Disclosures and disclaimers