https://www.gamesindustry.biz/articles/2019-02-21-thq-nordic-raises-usd225m-for-further-acquisitions
Last night, THQ Nordic raised 2.09 billion Swedish krona (roughly $225 milliion) that will be put toward further expanding the publisher's portfolio.
The Darksiders publisher issues 11 million new Class B shares last night, which were quickly snapped up by a variety of investors, including some who have yet to invest in THQ Nordic.
Among the new shareholders were First National AP Fund, Second National AP Fund and Odin Fonder. Meanwhile, established shareholders Swedbank Robur Fonder, TIN Fonder and Olsson Family and Foundation picked up more shares.
The publisher has described the new share issue as "substantially oversubscribed."
In a statement, THQ Nordic said it "intends to use the proceeds... to finance new acquisitions of franchises, game development studios or other assets which complement the operations, and to enable a higher rate of investment in the development of the Company."
Last night, THQ Nordic raised 2.09 billion Swedish krona (roughly $225 milliion) that will be put toward further expanding the publisher's portfolio.
The Darksiders publisher issues 11 million new Class B shares last night, which were quickly snapped up by a variety of investors, including some who have yet to invest in THQ Nordic.
Among the new shareholders were First National AP Fund, Second National AP Fund and Odin Fonder. Meanwhile, established shareholders Swedbank Robur Fonder, TIN Fonder and Olsson Family and Foundation picked up more shares.
The publisher has described the new share issue as "substantially oversubscribed."
In a statement, THQ Nordic said it "intends to use the proceeds... to finance new acquisitions of franchises, game development studios or other assets which complement the operations, and to enable a higher rate of investment in the development of the Company."