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MTG sets up USD 30 mln fund for minority investments in online gaming firms

Wednesday 29 November 2017 | 13:00 CET | News

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Modern Times Group (MTG) has announced a USD 30 million fund for minority investments in online gaming companies, in conjunction with its 2017 Capital Markets Seminar in Stockholm. The investment fund will target in high-potential US and European online gaming businesses. The USD 30 million complements MTG's larger scale acquisitions and will invest in five to ten companies annually over the coming three years.

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Categories: Broadcast & Satellite / Internet
Companies: Kongregate / Modern Times Group
Countries: Sweden / World
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