Cherry acquires remaining Game Lounge shares
News on 17 Oct 2018
News on 17 Oct 2018
Cherry AB has acquired the remaining 5 percent of shares in affiliate firm Game Lounge Sweden AB for a purchase consideration comprising three parts and amounting to a maximum SEK 260 million.
The first part of the purchase consideration is a SEK 100 million fixed cash amount.
The second and third, amounting to SEK 160 million, are conditional on Game Lounge’s consolidated EBITDA over specified periods.
News on 17 Oct 2018
Cherry AB has acquired the remaining 5 percent of shares in affiliate firm Game Lounge Sweden AB for a purchase consideration comprising three parts and amounting to a maximum SEK 260 million.
The first part of the purchase consideration is a SEK 100 million fixed cash amount.
The second and third, amounting to SEK 160 million, are conditional on Game Lounge’s consolidated EBITDA over specified periods.
