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New Deal


Announced

Sports Direct to acquire Game Digital for £52m.

Financials

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Transaction Value£52m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium27.4%
One Off Charge-

Synopsis

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Sports Direct, a British retailing group, agreed to acquire Game Digital, a British video game company, for £52m. The offer represents a premium of approximately 27.4% to the Closing Price of a GAME Share of 23.55 pence on 4 June 2019. Sports Direct believes that the Offer, in providing GAME with the wider benefit of Sports Direct's operating and other experience and increased support, will secure GAME's future and allow it to navigate these pressures whilst contributing to GAME's long-term sustainability by escalating the evolution of the BELONG business and accelerating the next stage of GAME's development.

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