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Media and Games Invest: Acquisition of AxesInMotion

2022-04-29

08:37

VL

DZ

Viktor Lindström

Danesh Zare

Redeye provides a take on Media and Games Invest (MGI) recent acquisition of the mobile games developer AxesInMotion. We view the acquisition as strategically solid but are concerned about the paid multiple, which seems a bit high at first glance.

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