Acquisitions30 Oct 2026, 10:50 pm
Nazara Tech Infuses $77M for Acquisition Tranche
AI Summary
Nazara Technologies Limited has infused USD 77.00 million (approximately ₹734.35 Crores) into its wholly-owned subsidiary, Nazara UK. This infusion is part of the second tranche payment towards the acquisition of Target Companies, Bluetile Games, S.L. and Bestplay Systems, S.L. The total consideration for the acquisition is USD 303.02 million (approximately ₹2990 Crores). Following this payment, the Target Companies remain wholly owned subsidiaries of Nazara UK and step-down subsidiaries of Nazara Technologies. Further updates on the balance consideration will be provided as per the Amended and Restated Share Purchase Agreement.
Key Highlights
- Nazara UK received USD 77 million equity infusion.
- Second tranche payment of USD 77 million made for acquisition.
- Total acquisition consideration stands at USD 303.02 million.
- Target companies remain step-down subsidiaries.
- Balance consideration payment to follow Amended SPA terms.
Price Impact
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