On 14 March 2024 Embracer Group AB (“Embracer”) entered into an agreement to divest selected assets from the operative group Saber Interactive. All conditions for the transaction have now been fulfilled and the transaction has today been completed

For further information on the transaction, reference is made to the press release announced on 14 March 2024, and the presentation about the transaction available on Embracer’s website.

Aream & Co is acting as financial M&A adviser. Carnegie Investment Bank AB (publ) is acting as financial adviser. Baker McKenzie is acting as legal counsel to Embracer Group in the transaction. EY has provided services for financials and tax.

Octagon Capital Group is serving as advisor to the buyer Beacon Interactive.

For more information, please contact:
Oscar Erixon, Head of Investor Relations
Tel: + 46 730 24 91 42
Email: oscar.erixon@embracer.com

Arman Teimouri, Head of External Relations
Tel: +46 793 33 05 60
E-post: arman.teimouri@embracer.com

About Embracer Group
Embracer Group is a global Group of creative and entrepreneurial businesses in PC, console, mobile and board games and other related media. The Group has an extensive catalog of over 900 owned or controlled franchises. With its head office based in Karlstad, Sweden, Embracer Group has a global presence through its eleven operative groups: THQ Nordic, PLAION, Coffee Stain, Amplifier Game Invest, DECA Games, Gearbox Entertainment, Easybrain, Asmodee, Dark Horse, Freemode and Crystal Dynamics – Eidos. The Group has 111 internal game development studios and is engaging more than 12,000 employees in more than 40 countries.

Embracer Group’s shares are publicly listed on Nasdaq Stockholm under the ticker EMBRAC B.

Subscribe to press releases and financial information: https://embracer.com/investors/subscription/

© Modular Finance, source Nordic Press Releases