Playtika to acquire Dice Dreams maker SuperPlay

Playtika Holding

18/09/2024 21:39

Sept 18 (Reuters) - Mobile games developer Playtika
 PLTK.O  said on Wednesday it would acquire peer SuperPlay in a
deal that could go up to $1.95 billion, which would bring
popular games such as Bingo Blitz and Dice Dreams under the same
umbrella. 
    Playtika said it would offer $700 million up front for
SuperPlay, with an additional contingent consideration of up to
$1.25 billion subject to the latter meeting certain financial
targets over the next three years.
    Playtika expects to close the transaction in the fourth
quarter, and added it will update its annual forecasts during
its third-quarter earnings call. 
    Both companies are based in Israel.

 (Reporting by Juveria Tabassum; Editing by Krishna Chandra
Eluri)
 ((Juveria.Tabassum@thomsonreuters.com;))