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Enhanced Group Bets on Live Entertainment With Deal for 77% Stake in DEAG

Source: marketbeat.com

M&A & RestructuringMedia & EntertainmentCompany Fundamentals
Enhanced Group Bets on Live Entertainment With Deal for 77% Stake in DEAG

Enhanced Group (NYSE: ENHA) agreed to acquire an approximately 77% stake in European live entertainment company DEAG through an all-stock transaction. CEO and Co-Founder Maximilian Martin said the deal will broaden Enhanced's business beyond sports and consumer health products; no transaction value or closing timeline was provided.

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