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The American computer games giant Electronic Arts (EA) has gatecrashed the £725m takeover of Codemasters, the London-listed producer of some of the world's most popular motor racing titles.
Sky News has learnt that EA has tabled a potentially knockout bid for Codemasters, trumping an offer agreed last month with Take-Two Interactive Software, maker of the Red Dead franchise.
A gaming industry sources said this weekend that EA was working with bankers at UBS on its offer.
Games giant Electronic Arts gatecrashes £725m Codemasters takeover
The $40bn US-based games giant EA has ignited a bidding war for Britain's Codemasters, Sky News understands.
news.sky.com