Embracer Group announces its intention to transform into three ...
WEBApr 22, 2024 · INSIDE INFORMATION: The Board of Directors of Embracer Group AB (“Embracer Group”) today announces a transformative step for value creation through a separation of the group into three market-leading games and entertainment companies: Asmodee Group, “Coffee Stain & Friends”[1] and “Middle-earth Enterprises & Friends”[1].
Embracer Group receives early payment for sale of Saber assets.
WEBSep 13, 2024 · Embracer Group AB ("Embracer") announces the receipt of USD 168.4 million (approximately SEK 1.72 billion). In addition to the early repayment Embracer will be paid an additional USD 28.1 million later in 2024 and 2025. This settlement is related to the divestment of selected assets from the former operative …
Gaming giant Embracer Group is splitting into three companies
WEBApr 22, 2024 · The Swedish gaming conglomerate, known for owning franchises like Tomb Raider and Lord of the Rings, announced its restructuring plan on Monday. The new companies will focus on AAA, indie, and...
Press releases - Embracer Group
WEBAug 13, 2020 · Embracer Group is a global gaming and entertainment company that owns and operates several game studios and brands. Read the latest news and updates on its financial results, acquisitions, divestments, partnerships and transformations.
Embracer was not the one group to rule them all after $2 billion …
WEBJun 14, 2023 · Embracer Group, which owns IP rights to Lord of the Rings, Tomb Raider, Deus Ex, and Borderlands, announced it would be “restructuring.”
Embracer to Close Studios, Cancel Games, and Lay Off Staff After ... - IGN
WEBJun 13, 2023 · Embracer Group, a massive games holding company, announces plans to close studios, cancel games, and lay off staff after a major contract deal fell through. The company says it will focus on...
Embracer Splitting Into Three Companies: Middle-Earth Enterprises ... - IGN
WEBApr 22, 2024 · Embattled game company Embracer Group has announced its intent to split into three separate companies: Asmodee Group, Coffee Stain & Friends”, and Middle-earth Enterprises & Friends.
Sweden’s Embracer Soars After Unveiling Plan to Split Company
WEBApr 22, 2024 · Shares of Embracer Group AB gained as much as 18% as trading got underway in Stockholm after announcing plans to split itself into three publicly traded companies.
Kepler Capital Sticks to Their Buy Rating for Embracer Group AB …
WEB37 minutes ago · Currently, the analyst consensus on Embracer Group AB is a Hold with an average price target of $2.67. See today’s best-performing stocks on TipRanks >> The company has a one-year high of $2.96 ...
Gaming group Embracer cuts earnings forecast and looks at …
WEBNov 17, 2022 · Embracer cut its forecast for earnings before interest and tax for the current financial year from Skr9.2bn-Skr11.3bn to Skr8bn-Skr10bn ($758mn-$948mn), though it left its guidance for 2024...