Embracer to contribute $423 million towards Asmodee’s near $1bn debt repayment

Embracer Group plans to give its subsidiary Asmodee Group a €400 million ($423 million) equity investment after it completes the sale of mobile games developer Easybrain to Miniclip.

Embracer has said that proceeds from this equity investment should be predominantly spent on repaying the group’s over $1.5 billion gross debt. … [MORE]

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