Brief: Thunderful Group Acquires To The Sky And Tussilago

Thunderful AB

10/08/2021 06:43

Aug 10 (Reuters) - Thunderful Group AB  THUNDR.ST :
    * THUNDERFUL GROUP ACQUIRES TO THE SKY AND TUSSILAGO
    * ANNOUNCES TWO MINOR ACQUISITIONS IN SWEDEN
    * ACQUIRES NEWLY ESTABLISHED GAME STUDIO TO SKY AND FILM
PRODUCTION COMPANY TUSSILAGO
    * ACQUISITION OF TUSSILAGO TOOK PLACE ON MAY 31 THIS YEAR IN
DEAL
OF 1 MSEK
    * HAS ACQUIRED 91% OF SHARES FOR AN INITIAL SYMBOLIC FEE IN
TO SKY
    * REMAINING SHARES IN TO THE SKY COME WITH A CALL AND PUT
OPTION
BASED ON PROFITABILITY OF STUDIO'S FIRST TITLE
    * EXPECTS TO INVEST MORE THAN 5 MUSD IN GAME PROJECT

Source text for Eikon:  ID:nWkr5djrrz 
Further company coverage:  THUNDR.ST 

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