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Wireless

Mobile games developer Voodoo gets investment from GBL

Tuesday 3 August 2021 | 16:23 CET | News
Groupe Bruxelles Lambert (GBL) entered a definitive agreement to acquire a minority stake in Voodoo, a French developer and publisher of mobile games, in order to support the company's future development, including through M&A. GBL will invest EUR 266 million, mostly through newly-issued preferred shares at an equity value (post money) of EUR 1.7 billion, translating into a 16 percent stake for GBL. 

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Categories: Mobile & Wireless
Companies: Groupe Bruxelles Lambert / Tencent / Voodoo
Countries: World
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