Brief: Media And Games Invest Completes Acquisition Of Gamigo

Mgi Media and Games Invest Se

09/03/2020 09:49

March 9 (Reuters) - MEDIA AND GAMES INVEST PLC  M8G.DE :
    * ACQUISITION OF GAMIGO AG SUCCESSFULLY COMPLETED
    * SHARE IN GAMIGO AG INCREASES FROM 53% TO 99.9%
    * PURCHASE PRICE IS 50% BELOW VALUATION OF PEER GROUP
    * PURCHASE PRICE OF 16.5 MILLION EUROS IN CASH AND UP TO
18.2
MILLION MGI SHARES FOR 46.9% OF GAMIGO SHARES

Source text for Eikon:  ID:nEQ9G827Ka 
Further company coverage:  M8G.DE 

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