Playtika to acquire Dice Dreams maker SuperPlay

Quick Summary:

Mobile games developer Playtika said on Wednesday it would acquire peer SuperPlay in a deal that could go up to $1.95 billion, which would bring popular games such as Bingo Blitz and Dice Dreams under the same umbrella.

Playtika expects to close the transaction in the fourth quarter, and added it will update its annual forecasts during its third-quarter earnings call.

Playtika said it would offer $700 million up front for SuperPlay, with an additional contingent consideration of up to $1.25 billion subject to the latter meeting certain financial targets over the next three years.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Superplay Experience Photo: File Billion Screen Company Mediacorp Mobile Games Playtika

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-19 @ 04:41:43 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 179 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 22582056

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