Acquisitions18 Mar 2026, 06:42 pm
Nazara Technologies to Acquire 50.00049% of Bluetile Games and 50.00033% of Bestplay Systems for USD 100.3 Million
AI Summary
Nazara Technologies Limited, a leading global gaming and sports media company, has informed the Exchange about the outcome of the Board Meeting held on March 18, 2026. The Board approved the proposed acquisition of 50.00049% of Bluetile Games and 50.00033% of Bestplay Systems by its wholly-owned subsidiary, Nazara Technologies UK Limited, for a total consideration of USD 100.3 million. The Target Companies have shown strong growth over the last three years, with combined revenues growing from USD 50.1 million in CY23 to USD 153.6 million in CY25. The acquisition will provide Nazara UK with majority control and will be subject to customary closing conditions and regulatory approvals.
Key Highlights
- Nazara Technologies to acquire 50.00049% of Bluetile Games and 50.00033% of Bestplay Systems for USD 100.3 million.
- Target Companies have demonstrated strong growth over the last three years.
- Nazara UK will acquire majority control at first close through governance and shareholder rights.
- The transaction includes performance-linked earn-outs with a most probable total payout estimated at USD 98.2 million.
- The acquisition is subject to customary closing conditions and regulatory approvals.