Brief: MTG Acquires 77% Of Shares In PlaySimple

Modern Times MTG AB

30/07/2021 07:35

July 30 (Reuters) - Modern Times Group MTG AB  MTGb.ST :
    * MTG COMPLETES THE FIRST STEP OF THE ACQUISITION OF WORD
GAMES
DEVELOPER PLAYSIMPLE
    * MTG HAS NOW COMPLETED FIRST STEP AND HAS ACQUIRED 77 % OF
SHARES
IN PLAYSIMPLE AGAINST A CONSIDERATION OF APPROXIMATELY SEK 2,388
MILLION (USD 277 MILLION)
    * INTENTION IS TO PAY REMAINING 23 % OF SHARES IN PLAYSIMPLE
AGAINST MTG CLASS B SHARES

Source text for Eikon:  ID:nWkr8JHF5 
Further company coverage:  MTGb.ST 

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