Brief: Maximum Entertainment Divests Certain Assets In Merge Games

Maximum Entertainment AB

27/12/2024 07:27

Dec 27(Reuters) - Maximum Entertainment AB  MAXENTb.ST :
    * SAID ON MONDAY COMPANY ENTERED INTO ASSET SALE AGREEMENT
TO
DIVEST A NUMBER OF INTELLECTUAL PROPERTY RIGHTS TO CATALOG
TITLES AND EXISTING STOCK OF RETAIL PRODUCTS TO SILVER LINING
INTERACTIVE LTD
    * TO RECEIVE CONSIDERATION OF EUR 1 MLN, PAYABLE AT
COMPLETION
    * DEAL INCLUDES ADDITIONAL STOCK ROYALTY ESTIMATED AT EUR
135,000,
PAYABLE OVER SIX MONTHS FROM COMPLETION


        
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