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Game Chest to acquire undisclosed game studio for SEK 3.3m
April 25, 2019

Game Chest has signed a LOI with a yet unknown game studio to acquire it for SEK 3.3m. The game studio has a current massively multiplayer online role-playing game in the market with 2000 active players. The game studio reports a turnover of SEK 5m and EBIT of SEK 2m, corresponding to an EV/EBIT of 1.7x.

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