Brief: MAG Interactive Acquires Swedish Game Developer Apprope

MAG Interactive AB (publ)

21/12/2020 07:09

Dec 21 (Reuters) - MAG Interactive AB (publ)  MAGIN.ST :
    * MAG INTERACTIVE (PUBL) ACQUIRES SWEDISH GAME DEVELOPER
APPROPE
    * THE PURCHASE IS FINANCED THROUGH EXISTING CASH AND BANK
FINANCING.
    * CLOSING TAKES PLACE 4 JANUARY 2021.
    * INITIAL CASH PURCHASE PRICE OF SEK 50 MILLION ON DAY OF
CLOSING
WITH AN ADDITIONAL PURCHASE PRICE OF A MAXIMUM OF SEK 50 MILLION

Source text for Eikon:  ID:nWkr51dBbt 
Further company coverage:  MAGIN.ST 

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