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Sports Entertainment Group Limited ( (AU:SEG) ) has provided an announcement.
Sports Entertainment Group Limited has completed the acquisition of the brand and audio & digital broadcasting assets of 3UZ Pty Ltd (RSN) for $3.25 million. This strategic acquisition, funded by SEG’s cash reserves, is expected to enhance the company’s broadcasting capabilities and strengthen its position in the sports entertainment industry.
The most recent analyst rating on (AU:SEG) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Sports Entertainment Group Limited stock, see the AU:SEG Stock Forecast page.
More about Sports Entertainment Group Limited
Sports Entertainment Group Limited operates in the sports and entertainment industry, focusing on audio and digital broadcasting services. The company is known for its sports-related content and has a market focus on expanding its broadcasting assets.
Average Trading Volume: 21,201
Technical Sentiment Signal: Buy
Current Market Cap: A$95.72M
For a thorough assessment of SEG stock, go to TipRanks’ Stock Analysis page.