Video game developer Epic Games has announced that it acquired Brazil-based game developer studio AQUIRIS to boost the online game Fortnite. “Today we are announcing that Brazil-based game studio, AQUIRIS, is...
UK’s Cineworld scraps planned sale of Eastern European, Israeli operations
British cinema chain operator Cineworld it has abandoned the planned sale of its businesses in Eastern Europe and Israel, saying the proposals it got did not meet the value needed by its lenders. The world’s...
Invesco exits ZEEL; sells entire stake for Rs 1,004 crore
Invesco divested its entire stake — 5.11 per cent — in Zee Entertainment Enterprises Ltd for Rs 1,004 crore through an open market transaction. Segantii India Mauritius, Morgan Stanley Asia Singapore Pte and...
Sega Sammy says it is considering buying Angry Birds maker Rovio
Japan’s Sega Sammy Holdings Inc said it was considering acquiring Finland’s Rovio Entertainment Oyj but that nothing had been decided yet, sending its shares lower amid investor doubts about synergy...
Sega nears deal to acquire Angry Birds maker Rovio for $1 billion, Wall Street Journal reports
Japan’s Sega Sammy Holdings Inc is nearing a deal to acquire Rovio Entertainment, the company behind the ‘Angry Birds’ mobile game, for about $1 billion, the Wall Street Journal reported on Friday...
Ladbrokes owner Entain buys sports media business 365scores
British gambling group Entain Plc said it acquired sports media business 365scores for up to $160 million to improve its interactive content and experience for users. The acquisition includes contingent payments of up...
Nazara’s subsidiary acquires 51% stake in of Branded Pte. Ltd
Listed gaming startup Nazara Technologies Ltd’s on Tuesday announced its subsidiary Nodwin International Pte. Ltd has signed definitive agreements for the acquisition of 51 per cent of the share capital of Branded Pte...
UFC parent Endeavor Group to acquire WWE in $9.3 bln deal
Endeavor Group Holdings Inc, the parent of the popular UFC mixed martial arts franchise, said on Monday it will acquire entertainment firm World Wrestling Entertainment Inc in a deal valued at $9.3 billion. Endeavor...
South Korea’s Krafton to acquire 10% of Polish video games maker PCF Group
Polish video games maker PCF Group said late on Tuesday Krafton Inc, a South Korean company backed by China’s Tencent, will acquire a 10% stake in the company, sending its shares nearly 10% higher. Under the...
K-pop takeover battle loser HYBE to sell $437 mln stake in SM
South Korean music label HYBE, manager of boy band BTS, said on Friday it aimed to sell its entire 15.8% stake in K-pop pioneer SM Entertainment for 564 billion won ($437 million) by accepting a tender offer from bidder...
NCLT lets IPRS withdraw its insolvency plea against ZEE
The National Company Law Tribunal (NCLT) has allowed the Indian Performing Right Society Ltd (IPRS), an operational creditor of Zee Entertainment Enterprises, to withdraw its insolvency petition. The move will bring the...
NCLT admits IBC pleas of IndusInd against ZEE, Siti
The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday admitted an insolvency petition against homegrown media company Zee Entertainment Enterprises Ltd (ZEE) filed by its financial creditor IndusInd...
