Brief: NACON Acquires Daedalic Entertainment For EUR 53 Million

Nacon SAS

16/02/2022 18:45

Feb 16 (Reuters) - NACON SAS  NACON.PA :
    * NACON ACQUIRES DAEDALIC ENTERTAINMENT, A LEADING VIDEO
GAME
PUBLISHER AND DEVELOPMENT STUDIO FOR 53 MILLION EUROS
    * THIS TRANSACTION WILL ENABLE NACON TO ACQUIRE SEVERAL KEY
INTELLECTUAL PROPERTIES AND TO BENEFIT FROM DAEDALIC
ENTERTAINMENTSREMARKABLE PUBLISHING AND GAME DEVELOPMENT
EXPERTISE
    * ACQUISITION OF 100% OF SHARE CAPITAL AND VOTING RIGHTS OF
DAEDALIC ENTERTAINMENT WILL HAVE AN OVERALL MAXIMUM PRICE OF
53MEUR
    * FINAL COMPLETION OF TRANSACTION IS EXPECTED TO TAKE PLACE
IN
2022, SUBJECT TO USUAL CONDITIONS PRECEDENT

Source text for Eikon:  ID:nGNE4LlfTp 
Further company coverage:  NACON.PA 

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