Katner Media has engaged Carnegie Investment Bank AB as a financial consultant to assist in evaluating strategic options for the sale of its remaining operations.
Katner has appointed Carnegie Investment Bank to provide guidance on strategic options for a potential sale of its remaining business.
Carnegie will be involved in discussions with potential buyers interested in acquiring portions of Katner.
Last month, the company agreed to sell AskGamblers to Gaming Innovation Group for €45 million (£39.7 million/$48.3 million), after iGB reported in November that a deal to sell the leading brand was close.
This followed a strategic review initiated last May, in which Katner explored the possibility of a sale.
The review was then expanded as Katner considered selling off all of its European gambling and online betting assets to concentrate on the North American market. The company has confirmed that as part of this process, 25% of its European workforce has been let go.
Katner stated that it has received interest from potential buyers in acquiring other parts of the group through a strategic transaction or public tender offer.
Nevertheless, the firm also stresses that it has not gotten any official or preliminary proposals to purchase its operations or resources.
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