MTG completes initial investment in InnoGames

Acquisitions

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MTG completed its initial acquisition of 21% of InnoGames and said it will buy an additional 14% during 2017. The deal values 100% of InnoGames at EUR 260 million. InnoGames is a global online games developer and publisher, so this is a software and digital entertainment transaction relevant to ISV coverage. MTG also said it will recognize its share of InnoGames’ net income in its MTGx segment starting immediately.

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