MTG increases ownership in online games developer InnoGames
· MTG invests EUR 82.6 million to increase shareholding in InnoGames from 21% to 51% · InnoGames generated 25% revenue growth to EUR 130 million in 2016 with an EBITDA margin of approximately 20% and EBIT margin of approximately 16% MTG has increased its ownership in InnoGames, the developer of browser and mobile games, to 51%. MTG announced its initial 21% investment in Hamburg-based InnoGames in October 2016. InnoGames is the creator of six