Playtika Holding Corp

NASDAQ:PLTK   3:59:53 PM EDT
26.15
-0.03 (-0.12%)
Other Pre-Announcement, Mergers / Acquisitions

Playtika Enters Design Entertainment Market Through Acquisition Of Reworks, Maker Of Redecor

Published: 08/31/2021 20:15 GMT
Playtika Holding Corp (PLTK) - Playtika Enters Design Entertainment Market Through Acquisition of Reworks, Maker of Redecor.
Playtika Holding Corp - Has Acquired 80% of Reworks for $400 Million in Cash.
Playtika Holding Corp - Will Purchase Remaining 20% of Reworks for Up to $200 Million, Based on 2022 Company EBITDA.
Playtika Holding Corp - Acquisition is Expected to Contribute Approximately $30 Million in Revenue to Playtika's 2021 Revenue.