Brief: Giant Network Says Playtika's Deal May Have Positive Impact On Company
June 29 (Reuters) - Giant Network Co Ltd 002558.SZ :
* SAYS JOINT STOCK UNIT'S INDIRECTLY OWNED SUBSIDIARY
PLAYTIKA
HOLDING UK II TO SELL 25.7% STAKE IN PLAYTIKA FOR $2.2 BILLION
* SAYS THE TRANSACTION DOES NOT INVOLVE EQUITY TRANSFER AND
SENIOR
PERSONNEL CHANGES OF THE COMPANY
* SAYS THE TRANSACTION MAY HAVE SIGNIFICANT POSITIVE IMPACT
ON
CO'S PROFITS
Source text https://www.szse.cn/disclosure/listed/bulletinDetail/index.html?c5563883-0ef2-4659-ac2e-f4fb3e39be93
Further company coverage: 002558.SZ
(Reporting by Hong Kong newsroom)
((twinnie.siu@tr.com; 852-3462 7715;))
Recent news on Playtika Holding
See all newsBrief: Playtika Holding Corp - Receives Ndrc Approval To Issue Bonds With Expiration July 30, 2027
Gaming industry could unlock $22 billion in profits on AI-driven cost cuts, says Morgan Stanley (updated)
Gaming industry could unlock $22 billion in profits on AI-driven cost cuts - Morgan Stanley
Playtika up after announcing review of strategic alternatives
Brief: Playtika Announces Review Of Strategic Alternatives To Maximize Shareholder Value