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Media and Games Invest: Topping Up Its War Chest

Danesh Zare

Tomas Otterbeck

2021-05-05

18:04

Redeye has a favorable view on the back of today's news that Media and Games Invest intends to carry out a directed share issue in order to strengthen its balance sheet. This is an offensive share issue to capitalize on the many acquisition opportunities that lie before MGI. We see an upside of roughly 30% should the total M&A firepower be utilized.

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