Cathay Capital completed the acquisition of a minority stake in Shiro Games for €158m.

Cathay Capital, an investment firm, completed the acquisition of a minority stake in Shiro Games, a game development studio, for €158m. "We are delighted to welcome the Cathay team to our capital. Their long-standing expertise in supporting and structuring fast growing companies will allow us to begin a new page in the history of Shiro Games while maintaining our identity and values and furthering our international expansion. Together, we will continue our adventure to become a leading developer and publisher in Europe," Nicolas Cannasse, Shio Games CEO.