Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Playtika Holding ( (PLTK) ) has shared an announcement.
Playtika Holding Corp. has announced the acquisition of mobile gaming company SuperPlay Ltd. for $700 million with an additional $1.25 billion based on performance targets. This strategic move, expected to close in Q4 of 2024, aims to bolster Playtika’s mobile gaming dominance by adding SuperPlay’s experienced team and successful titles like Dice Dreams and Domino Dreams to its portfolio. The deal, which will be financed through cash and operational earnings, reflects Playtika’s commitment to growth and delivering engaging games globally.
See more data about PLTK stock on TipRanks’ Stock Analysis page.