Modern Times Group to acquire Plarium for $620m
Modern Times Group is set to acquire Raid: Shadow Legends developer Plarium from previous owner Aristocrat Leisure Limited. The agreement will set MTG back $620 million, $20 million of which would be deferred to 2026. The acquisition is set to close during Q1 2025.
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Australia's Aristocrat Leisure said on Tuesday the company's unit would sell its Plarium mobile gaming business for an enterprise value of $820 million to Stockholm-listed Modern Times Group .
Bookings for RPG, strategy, and action games dropped to A$ ... The acquisition of Plarium adds 'Raid: Shadow Legends' ...
STOCKHOLM--Shares in Modern Times Group rose more than 12% in early European trade after the Swedish gaming group announced the acquisition of video game developer Plarium Global. MTG will buy Plarium ...
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