Stillfront Group completes the acquisition of KIXEYE, Inc.
Stillfront Group AB (publ) ("Stillfront") has today completed the acquisition of 100% of the shares in KIXEYE, Inc., (“KIXEYE” or the “Company”) a leading developer and publisher of online strategy games headquartered in Canada, which was announced through a press release on 3 June 2019. The upfront consideration which was paid in cash to the sellers of KIXEYE amounted to USD 90 million on a cash and debt free basis. The Company will be consolidated into Stillfront’s consolidated financial reporting from 1 July 2019. FINANCIAL AND LEGAL ADVISORSDLA Piper is acting as legal