Nazara UK Infuses $91M, Pays $89M for Target Companies Acquisition

Nazara Technologies Limited, through its wholly-owned subsidiary Nazara UK, has made significant financial infusions and payments related to the acquisition of Target Companies (Bluetile Games, S.L. and Bestplay Systems, S.L.). Nazara UK received USD 33.84 million in equity and USD 57.39 million as loan. Subsequently, Nazara UK paid USD 89.45 million in cash as the first tranche towards the acquisition of the Target Companies, out of a total consideration of USD 303.02 million. The Target Companies have now become wholly-owned subsidiaries of Nazara UK and step-down subsidiaries of Nazara Technologies.