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Anonymous
Hey I am on Medialย โขย 1y
Mumbai-based gaming company Nazara Technologies-owned Nodwin Gaming is acquiring the Berlin-based esports and gaming marketing agency Freaks 4U Gaming for Rs 271 crore, or about $32.5 million. Nodwin Pte will initially increase its existing stake in Freaks 4U Gaming to 57%, and the remaining 43% held by the founders Michael Haenisch, Matthias Remmert and Jens Enders will be swapped at a later time at its option. Existing investors of Freaks 4U Gaming will become shareholders of NODWIN Pte. Nodwin's Singapore unit currently holds a 13.51% stake in Freaks 4U Gaming.
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