{"id":260,"date":"2024-06-28T15:32:11","date_gmt":"2024-06-28T12:32:11","guid":{"rendered":"https:\/\/vegas2web.icu\/2024\/06\/28\/catena-media-taps-carnegie-investment-bank-for-asset-disposal\/"},"modified":"2024-06-28T15:32:11","modified_gmt":"2024-06-28T12:32:11","slug":"catena-media-taps-carnegie-investment-bank-for-asset-disposal","status":"publish","type":"post","link":"https:\/\/vegas2web.icu\/2024\/06\/28\/catena-media-taps-carnegie-investment-bank-for-asset-disposal\/","title":{"rendered":"Catena Media Taps Carnegie Investment Bank for Asset Disposal"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/n5pyBTNzxp4\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Catena Media has tapped Carnegie Investment Bank to act as a financial consultant, aiding the company in assessing strategic choices for the disposal of its remaining operations.<\/p>\n<p>Carnegie will be actively engaged in talks with potential buyers interested in acquiring portions of Catena Media&#8217;s assets, as outlined in the agreement.<\/p>\n<p>Last month, the company concluded a deal to sell AskGamblers to Gaming Innovation Group for \u20ac45 million (\u00a339.7 million\/$48.3 million), following iGB&#8217;s November report indicating an impending agreement for the sale of its flagship brand.<\/p>\n<p>This development stemmed from a strategic review initiated last May, during which Catena Media explored the feasibility of a complete sale.<\/p>\n<p>Subsequently, Catena Media expanded the scope of its review to contemplate divesting all its European betting and iGaming holdings, shifting its focus to the North American market. The company has confirmed that 25% of its European workforce was let go as part of this restructuring.<\/p>\n<p>Catena Media has disclosed receiving expressions of interest from external parties seeking to acquire other segments of the group, encompassing strategic transactions or a public bid for the entire group. <\/p>\n<p>As the firm seeks potential purchasers, no official bids have been submitted for the enterprise or its holdings.<\/p>\n<p>Subscribe to the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Catena Media has tapped Carnegie Investment Bank to act as a financial consultant, aiding the company in assessing strategic choices for the disposal of its remaining operations. Carnegie will be actively engaged in talks with potential buyers interested in acquiring portions of Catena Media&#8217;s assets, as outlined in the agreement. Last month, the company concluded [&hellip;]<\/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>Catena Media Seeks Buyer for Remaining Operations<\/title>\n<meta name=\"description\" content=\"Catena Media taps Carnegie Investment Bank to help find buyers for its remaining assets after selling AskGamblers.\" 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:\/\/vegas2web.icu\/2024\/06\/28\/catena-media-taps-carnegie-investment-bank-for-asset-disposal\/\" 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=\"Catena Media Taps Carnegie Investment Bank for Asset Disposal\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Catena Media taps Carnegie Investment Bank to help find buyers for its remaining assets after selling AskGamblers.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/vegas2web.icu\/2024\/06\/28\/catena-media-taps-carnegie-investment-bank-for-asset-disposal\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Discover the Secrets of Casino Success | Licensed &amp; Trusted\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T12:32:11+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:\/\/vegas2web.icu\/2024\/06\/28\/catena-media-taps-carnegie-investment-bank-for-asset-disposal\/\",\"url\":\"https:\/\/vegas2web.icu\/2024\/06\/28\/catena-media-taps-carnegie-investment-bank-for-asset-disposal\/\",\"name\":\"Catena Media Seeks Buyer for Remaining Operations\",\"isPartOf\":{\"@id\":\"https:\/\/vegas2web.icu\/#website\"},\"datePublished\":\"2024-06-28T12:32:11+00:00\",\"dateModified\":\"2024-06-28T12:32:11+00:00\",\"author\":{\"@id\":\"https:\/\/vegas2web.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Catena Media taps Carnegie Investment Bank to help find buyers for its remaining assets after selling AskGamblers.\",\"breadcrumb\":{\"@id\":\"https:\/\/vegas2web.icu\/2024\/06\/28\/catena-media-taps-carnegie-investment-bank-for-asset-disposal\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/vegas2web.icu\/2024\/06\/28\/catena-media-taps-carnegie-investment-bank-for-asset-disposal\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/vegas2web.icu\/2024\/06\/28\/catena-media-taps-carnegie-investment-bank-for-asset-disposal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/vegas2web.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Catena Media Taps Carnegie Investment Bank for Asset Disposal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/vegas2web.icu\/#website\",\"url\":\"https:\/\/vegas2web.icu\/\",\"name\":\"Discover the Secrets of Casino Success | Licensed &amp; Trusted\",\"description\":\"Explore the dynamic world of online gambling with our fresh casino news, honest game reviews, and informative insights. 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