Playtika Acquires The Youda Games Portfolio From Azerion For €81.3M
Portfolio Pulse from Benzinga Newsdesk
Playtika is set to acquire the Youda Games portfolio from Azerion for an initial cash consideration of EUR 81.3 million. The deal includes a performance-based earnout that could increase the total consideration to a maximum of EUR 150 million.
August 01, 2023 | 5:55 am
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POSITIVE IMPACT
Playtika's acquisition of the Youda Games portfolio could potentially enhance its product offerings and revenue streams.
The acquisition of Youda Games portfolio by Playtika could potentially enhance its product offerings and diversify its revenue streams. This could lead to increased revenues and profitability, which could positively impact the company's stock price in the short term.
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IMPORTANCE 80
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