Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with a few weeks of delay.
Egmont acquires Avalanche Studios for DKK 660m
May 31, 2018

Nordisk Film and the company's owner, the media group Egmont, now take a big leap into the gaming industry in search of a new global growth adventure. Egmont now acquires full ownership of the Swedish game developer and online gaming company Avalanche Studios for DKK 660m. In April 2017, Nordisk Film bought the first 20 percent of Avalanche Studios for EUR 10m and now it is in agreement with both the top directors of Nordisk Film and Avalache Studios.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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