Asmodee's Business Targets and Embracer Group Intends to Contribute €400 Million
The Embracer Group intends to contribute €400 million to Asmodee, based on the sale of Easybrain to the Swiss company Miniclip. In addition, the company provides an outlook on Asmodee's business targets.
Thomas Kœgler, CEO of Asmodee / Lars Wingefors, Chair of the Board of Asmodee Group Embracer Group
As part of Embracer Group's previously announced divestment of Easybrain (read more on GamesMarkt), Embracer Group intends to contribute €400 million to Asmodee in the form of an equity investment upon completion of the divestment. The proceeds of the equity investment will be used primarily to repay gross debt.
As part of Embracer Group's previously announced divestment of Easybrain (read more on GamesMarkt), Embracer Group intends to contribute €400 million to Asmodee in the form of an equity investment upon completion of the divestment. The proceeds of the equity investment will be used primarily to repay gross debt.
