Media: Russia's VK considers sale of gaming unit -Kommersant

VK

31/03/2022 06:43

March 31 (Reuters) - Russian internet group VK  VKCOq.L  is
considering a sale of its gaming unit, MY.Games, the Kommersant
daily said on Thursday, citing sources.
    * The deal could be of a formal nature, with VK transferring
licenses to sale of the games but keeping development in Russia,
which would allow it to retain revenue and access to Western
technologies, hindered by sanctions, Kommersant said
    * The company is looking for buyers in Asian and Middle East
regions, Kommersant cited one source as saying
    * VK gets a third of its revenue from the gaming unit, the
daily
said
    * VK CEO Vladimir Kiriyenko was sanctioned by the U.S. amid
Russia's invasion of Ukraine  urn:newsml:reuters.com:*:nL5N2V601G

-- Source link: https://bit.ly/35sKjxc
   
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for its accuracy

 (Gdansk Newsroom)
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