DoubleU Games has acquired Turkish studio Paxie Games for up to $67 million. The South Korean firm has obtained a 60% stake in the Merge Studio: Fashion Makeover developer for $27 million.
South Korean-based DoubleU Games announced it has acquired Turkish studio Paxie Games in a deal worth up to $67 million. DoubleU Games is buying a 60 percent stake in the Merge Studio: Fashion ...
Arma Capital, an Istanbul based M&A advisory firm, has provided financial advisory services to DoubleU Games in this transaction. Legal advisory services were provided by BASEAK for DoubleU Games.
Acquisition of Paxie Games for up to $67.0 million (Upfront $27.0 million and Earn-out up to $40.0 million depending on the performance), expected to leverage DoubleU Games’ marketing capabilities to ...
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DoubleU Games (NASDAQ:DDI) to acquire Turkish gaming studio Paxie Games, developer of Merge Studio: Fashion Makeover for a 60% stake for $27.0 million at closing, with the remaining 40% to be ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
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