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New Deal


Announced

Bilibili to acquire a 7.2% stake in CMGE Technology Group for $84m.

Financials

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Transaction Value£60m
Consideration TypeCash
Capital Owned-
Capital Bid For7%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Pending

mobile game developer

FinTech

Private

Single Bidder

China

Gaming

Acquisition

mobile games

Cross Border

Friendly

Synopsis

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Bilibili, an online entertainment platform, agreed to acquire a 7.2% stake in CMGE Technology Group, a mobile game developer and publisher, for $84m. Bilibili will be given priority rights to operate certain games developed or licensed by CMGE exclusively for three years after the completion of the deal.

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