M.O.B.A. Network acquires Wargraphs S.A.S, and explores the possibility to issue senior secured bonds
M.O.B.A. Network AB (publ) (the “Company”) has entered into a conditional agreement to acquire all shares in the French entity Wargraphs S.A.S (“the “Target”) (the “Acquisition”), a leading gaming services provider and in-game application developer for League of Legends, Teamfight Tactics and Legends of Runeterra. The consideration for the Acquisition amounts to a maximum of EUR 50.0 million, of which EUR 25.0 million is payable upfront (the “Initial Consideration”) plus an additional consideration of up to a maximum of EUR 25.0 million based on the Target achieved EBITDA for 12 and 24