Brief: MTG Says Signs An Agreement With Aristocrat To Acquire 100% Of Plarium Global

Modern Times MTG AB

11/11/2024 22:42

Nov 11 (Reuters) - Modern Times Group MTG AB  MTGb.ST :
    * MTG ACQUIRES PLARIUM, DEVELOPER OF GLOBAL #1 MOBILE RPG
RAID:
SHADOW LEGENDS AND STRENGTHENS MOBILE GAMING POSITION
    * MODERN TIMES GROUP MTG AB - PURCHASE PRICE CONSIDERATION
OF USD
620 MILLION
    * MODERN TIMES GROUP MTG AB - TRANSACTION REPRESENTS NET
DEBT/COMBINED EBITDA MULTIPLE OF 1.9X
    * MODERN TIMES GROUP MTG AB - SECOND POTENTIAL EARN-OUT
TARGET OF
UP TO USD 170 MILLION

Source text:  ID:nWkr5JrZcc 
Further company coverage:  MTGb.ST 

 ((Reuters.Briefs@thomsonreuters.com;))