Swedish video game developer Embracer Group, which became Europe’s most valuable video games business through rapid acquisitions, plans to split into three listed companies to regain investor confidence. The company has been struggling to meet debt reduction targets and has seen its stock plummet. Despite this, Embracer’s founder and largest shareholder, Lars Wingefors, remains committed [...]
from FunFect Games https://funfect.games/debt-strapped-european-games-group-embracer-plans-3-way-split/
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