Embracer Group taps video game hype with $900m share sale

By Aidan Gregory
18 Mar 2021

Embracer Group, the Swedish video games developer, has placed Skr7.6bn ($900m) of new shares with investors to finance its ongoing growth.

Launched after the market close in Stockholm on Wednesday evening, the placing consisted of 36m new shares, an 8.5% capital increase. At the Skr210 offer price, the transaction gave investors a 6.2% discount to the closing price of Embracer Group on the day.

The books were multiple ...

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