Mergers and acquisitions, Business, Technology, Games, Culture Business | The Guardian
Video game services company ‘minded to recommend’ EQT’s revised £2.1bn takeover offer amid sector slowdownThe video game services company Keywords Studios has said it is prepared to accept £100m less from its private-equity suitor, after revealing that a sector slowdown had led to a number of its projects being cancelled or delayed.The Swedish private-equity investor EQT originally put forward a £25.50 a share offer for Keywords, a 70% premium on its market price in May, worth a total of £2.2bn. Continue reading…
Video game services company ‘minded to recommend’ EQT’s revised £2.1bn takeover offer amid sector slowdown
The video game services company Keywords Studios has said it is prepared to accept £100m less from its private-equity suitor, after revealing that a sector slowdown had led to a number of its projects being cancelled or delayed.
The Swedish private-equity investor EQT originally put forward a £25.50 a share offer for Keywords, a 70% premium on its market price in May, worth a total of £2.2bn.
