Brief: EG7 Unit Buys Rights To Develop And Publish Magic The Gathering Online

Enad Global 7 AB (publ)

23/12/2021 07:13

Dec 23 (Reuters) - Enad Global 7 AB (publ)  EG7.ST :
    * DAYBREAK GAMES ACQUIRES THE RIGHTS TO DEVELOP AND PUBLISH
MAGIC:
THE GATHERING ONLINE
    * HAS ENTERED INTO A LONG-TERM LICENSE AGREEMENT WITH
WIZARDS OF
COAST TO TAKE OWNERSHIP OF DEVELOPMENT, OPERATIONS AND
PUBLISHING OF MAGIC: GATHERING ONLINE
    * TRANSACTION IS EXPECTED TO BE MEANINGFULLY ACCRETIVE TO
EG7
EARNINGS FOR 2022
    * DUE TO CONFIDENTIAL NATURE OF DEAL TERMS WITH WIZARDS,
FINANCIAL
TERMS OF TRANSACTION ARE NOT DISCLOSED AT THIS TIME

Source text for Eikon:  ID:nWkrpSNDt 
Further company coverage:  EG7.ST 

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