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New Deal


Announced

Stillfront to acquire Six Waves from Nexon for $201m.

Financials

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Transaction Value£147m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Acquisition

Single Bidder

Pending

Friendly

Cross Border

Private

Hong Kong

gaming

Gaming

Synopsis

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Stillfront, a Swedish game development company, agreed to acquire Six Waves, an operator of a company intended to develop gaming applications, from Nexon, a game developer, for $201m. “We are very excited to be able to welcome 6waves to the Stillfront family. Stillfront has a long and proven history of developing and publishing evergreen strategy games, and 6waves’s titles fit perfectly into our portfolio. Expanding our presence in East Asia and specifically Japan, has been a strategic priority for Stillfront and we are happy that we have found such a talented team to help us on that journey. 6waves has built a very strong reputation as the leading publisher of strategy games in the Japanese market and we cannot wait to work closer with them as a part of Stillfront," Jörgen Larsson, Stillfront CEO.

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