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BRIEF-MTG raises stake in online games developer InnoGames to 51 pct
May 2, 2017 / 6:05 AM / 7 months ago

BRIEF-MTG raises stake in online games developer InnoGames to 51 pct

May 2 (Reuters) - MTG AB

* MTG increases ownership in online games developer InnoGames

* Says invests EUR 82.6 million to increase shareholding in innogames

* Says invests to increase shareholding in InnoGames from 21% to 51%

* Investment based on the same enterprise value of EUR 260 million for 100% of the business as for the original investment

* Says will fully consolidate InnoGames with effect from May 1 Source text for Eikon: Further company coverage: (Stockholm Newsroom)

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