Story thread · 2 reports / 1 sources

Nazara to raise $77m from Bluetile and BestPlay founders and leadership

pocketgamer.biz · 5d

Nazara to raise $77m from Bluetile and BestPlay founders and leadership

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Across 1 sources · syndicated copies counted once

Indian publisher Nazara Technologies is set to raise ₹733.5 crore ($77m) through a preferential issue of equity shares from the founders and senior leadership of its acquired studios Bluetile and BestPlay. Bluetile CEO Raymond Albaladejo Stauffer, who is set to replace Nitish Mittersain as Nazara CEO from September 1st, will invest ₹583.5 crore ($61.3m). The move will make him a “significant individual shareholder” of the company. ... [ MORE ]

First report: Nazara revises terms to acquire Bluetile and Bestplay in all-cash deals pocketgamer.biz, 7d

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