- Dec 11, 2018
Embracer Group has raised SEK 1.64 billion ($164 million) through a directed share issue for investment and acquisitions.
Over 100 global companies invested in the THQ Nordic parent company, which last year raised SEK 2 billion ($225 million) for similar expansion efforts.
The investment will be used to make further acquisitions of developers, publishers and other assets, in-line with the Embracer's recent acquisitions such as the $525 million deal for Saber Interactive in February this year.
Embracer also issued a statement regarding the ongoing coronavirus lockdown, and is "working hard on adapting operations to the current situation."
Embracer Group raises $164m for acquisition and expansion
Embracer Group has raised SEK 1.64 billion ($164 million) through a directed share issue for investment and acquisition…