Reported 12 months ago
Keywords Studios Plc has agreed to a £2.1 billion offer from an EQT AB-led group. The deal values the video game services company at about $2.5 billion. Despite a lower offer due to delayed and canceled orders, Keywords' board unanimously recommended the bid. The consortium also includes the Canada Pension Plan Investment Board and Temasek Holdings Pte. Expectations for growth in the second half of the year are optimistic, with Keywords providing services to clients such as Epic Games Inc. and Activision Blizzard Inc.
Source: YAHOO