Keywords Studios in Advanced Talks for £2 Billion Acquisition by EQT
The video game services giant's shares surged as the board considers a significant buyout offer from the Swedish private equity firm.
- Keywords Studios' share price jumped 62% following the acquisition proposal.
- EQT Group's offer of £25.50 per share values Keywords at £2 billion.
- Keywords' board had previously rejected four unsolicited proposals from EQT.
- The board is now inclined to recommend the latest offer to shareholders.
- EQT has until June 15 to make a formal offer or withdraw.
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