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Playtika to acquire mobile game maker SuperPlay for up to $1.95B
Playtika has agreed to acquire SuperPlay, a mobile gaming company in Israel for a price ranging from $700 million to $1.25 billion.
“We see the acquisition of SuperPlay as a key move in strengthening Playtika’s leadership in mobile gaming, driving growth with scaled titles, and unlocking new opportunities,” said Robert Antokol, CEO, in a statement. Playtika will acquire SuperPlay for $700 million in up-front consideration, subject to customary working capital adjustments, which is expected to be funded using balance sheet cash. Morgan Stanley & Co. LLC is acting as exclusive financial advisor to Playtika and Furth, Wilensky, Mizrachi, Knaani – Law Offices is serving as legal counsel.
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