EQT Group in Advanced Talks to Buy Keywords Studios for £25.50 per Share, Valuing Company at Over £2 Billion

Dublin, Ireland Ireland
Deal would value Keywords Studios at over ₢2 billion (~$2.5 billion)
EQT Group in advanced talks to buy Keywords Studios for ₢25.50 per share
EQT has previously invested in Spotify and Just Eat Takeaway.com
Keywords Studios is a leading provider of video game services: animation, audio, testing, localization and marketing
Keywords Studios reported revenue of ₢218.6 million for the year ended December 31, 2023
EQT Group in Advanced Talks to Buy Keywords Studios for £25.50 per Share, Valuing Company at Over £2 Billion

EQT Group, a European private equity firm, is in advanced talks to buy Keywords Studios Plc, a Dublin-based video game services company, for £25.50 per share. The deal would value Keywords Studios at over £2 billion ($2.5 billion). This bid comes after the company's board rejected four unsolicited proposals from EQT before this offer.

Keywords Studios is a leading provider of video game services, including animation, audio, testing, localization and marketing. The acquisition by EQT would give the private equity firm a significant stake in the growing video game industry.

The possible bid represents a 'significant increase from the initial proposal,' according to Keywords Studios. No further details about the terms of the deal have been disclosed at this time.

EQT has been active in the media and technology sector, having previously invested in companies such as Spotify and Just Eat Takeaway.com.

Keywords Studios reported revenue of £218.6 million for the year ended December 31, 2023, representing a growth of 45% compared to the previous year. The company's net profit for the same period was £7.9 million.

Despite EQT's strong overall score as a source, it is important to note that all information should be verified from multiple sources before being used in any article.



Confidence

85%

Doubts
  • It's unclear if this is a definitive agreement or just another proposal
  • The deal terms have not been disclosed in full

Sources

95%

  • Unique Points
    • EQT is in discussions to buy a UK-listed video game group for £2.2bn
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (0%)
    None Found At Time Of Publication

100%

  • Unique Points
    • EQT Group is in advanced talks to buy Keywords Studios Plc for €25.50 per share.
    • The deal would value Keywords Studios at over €2 billion ( $2.5 billion).
    • Keywords board rejected four unsolicited proposals from EQT before this offer.
    • This bid represents a ‘significant increase from the initial proposal’.
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

96%

  • Unique Points
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    • Mining stocks underpinned more gains for FTSE 100 in opening trade with Fresnillo, Antofagasta, and Anglo American making the biggest gains.
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    • British Land has announced the sale of its stake in Meadowhall Shopping centre for £360 million.
    • Ryanair hired Amber Rudd as a non-executive director, effective from July.
  • Accuracy
    • Keywords Studios is ‘minded to accept’ a £2 billion bid from private equity group EQT.
    • Keywords Studios is in advanced talks to buy Keywords Studios for £2.2 billion.
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

98%

  • Unique Points
    • EQT is in advanced discussions to buy Aim-listed video games services company Keywords Studios for £2.2bn (unique fact not included in other articles)
    • AstraZeneca will build a $1.5 billion factory in Singapore to produce antibody drug conjugates starting from 2029 (unique fact not included in other articles)
  • Accuracy
    • EQT is in advanced discussions to buy Aim-listed video games services company Keywords Studios for £2.2bn
    • Keywords board rejected four unsolicited proposals from EQT before this offer.
    • Keywords is ‘minded to accept’ a £2 billion bid from private equity group EQT.
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication