View source for News/Keywords Studios Accepts £2.2b Deal

{{News
|seo_title=Keywords Studios Accepts £2.2b Deal
|seo_keywords=Keywords Studios
|image=Keywords acquisition.png
|tags=Keywords Studios
|date=2024-07-04T23:22:49.000Z
|sources={{NewsSource
|source=Games Industry
|url=https://www.gamesindustry.biz/keywords-studios-reaches-22bn-acquisition-agreement-with-swedish-investment-company-eqt
|article=News/Keywords Studios Accepts £2.2b Deal
}}
|author=Andura
|category=Business,Mergers and Acquisitions
|content=[[Companies/Keywords Studios|Keywords Studios]] has agreed to a takeover offer exceeding £2 billion from EQT today, marking another significant acquisition. 

The Dublin-headquartered company, will receive a cash payment of 2,450 pence per share, totaling approximately £2.1 billion based on fully diluted shares.

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Keywords Studios expressed satisfaction with reaching an agreement with EQT, a leading Swedish private equity firm, following extensive negotiations and extended deadlines. The board stated that they maintain confidence in the company's growth strategy, emphasizing its commitment to expanding its global platform for video game and entertainment solutions through both organic growth and acquisitions.

[[News/Former Keywords Studios Staff to Strike|Keyword Studios recently made the headlines with strikes by employees.]] The laid off staff unionized before the layoffs. The union notified the local authorities about the strike however Keywords Studios objected and stated that they do not have a right to strike since most were remote workers.

Keywords CEO, Bertrand Bodson stated '''“I am extremely proud of our passionate world-class teams and the leading technology-enabled global platform we are building together, which have enabled us to develop innovative solutions and foster strategic partnerships with our clients. We have consistently delivered strong financial performance, creating significant value for our shareholders."'''
}}