Nazara Technologies Acquisitions
Nazara Technologies has raised Rs 500 crore through a preferential issue of warrants and is set to acquire a controlling stake in Bluetile and BestPlay for Rs 918 crore. These strategic moves are aimed at expanding Nazara's portfolio in the gaming sector.
Nazara Raises Capital
Nazara Technologies raises Rs 500 crore through a preferential issue of warrants.
Acquisition Announcement
Nazara announces plans to acquire controlling stakes in Bluetile and BestPlay for Rs 918 crore.
The proceeds from this fundraise will primarily be used to support strategic acquisitions, including the recently announced Bluetile and BestPlay transaction
Nazara UK will initially acquire a 50% controlling equity stake in both Bluetile and BestPlay