Brief: Russia's VK sells MY.GAMES for $642 mln

VK

27/09/2022 17:40

Sept 27 (Reuters) - Russia's VK company  VKCOq.L  says:
    * ANNOUNCES SALE OF ITS MY.GAMES TO ALEKSANDER CHACHAVA,
MANAGING
PARTNER OF LETA CAPITAL
    * DEAL VALUE AMOUNTED TO $642 MILLION
    * THE DEAL INCLUDES ALL THE ASSETS OF MY.GAMES SUCH AS ITS
STUDIOS
AND GAME PRODUCTS
    * VK WILL CONTINUE TO DEVELOP ITS OWN GAMING SERVICES UNDER
THE VK
PLAY BRAND

Source text for Eikon:  ID:nEQ7S2TJ2a 
Further company coverage:  VKCOq.L 
 (Reporting by Reuters)