What’s the driving force behind Detroit Pistons incredible turnaround? Bryce Simon and Omari Sankofa II on “The Pistons Pulse” podcast analyze the Pistons’ sustained success. Full podcast out wherever you listen. The team of Detroit investors aiming to bring the WNBA back to Detroit has reportedly added rapper Eminem. The bid would revive the legacy
Chris Gallagher | Contributor Story by: Input Comms Traditional finance has a long list of criticisms, but its biggest drawback has been the continued and often timeless dependence on intermediaries. Banks, payment processors, and clearinghouses slow down transactions and add extra costs. This system has limited financial access. Neobanks attempted to change this formula but
FTSE 100 Live (Evening Standard) The FTSE 100 shrugged off geopolitical concerns in early trading today, but its gains have faded in the afternoon. Defensive stocks have been near the top of the leaderboard, underlining the tentative mood of the session. Meanwhile, mid-cap takeover activity has continued at pace, as video games business Keywords Studios
A consortium led by Swedish private equity group EQT has agreed to acquire Irish video games company Keywords Studios in a £2.2 billion (€2.5 billion) deal, underlining the fertile hunting ground for buyers in London’s stock market. Keywords, based in Dublin and listed on London’s junior market AIM, accepted a lower price than a previous
Keywords Studios will be bought out by EQT for £24.50 per share, equating to a £2.1 billion valuation Keywords is unanimously recommending shareholders to vote in favour of the deal Private market investments organisation EQT has made a deal to acquire Keywords Studios for approximately £2.1 billion, buying up shares in the Irish video games
(Bloomberg) — Keywords Studios Plc agreed to an offer from an EQT AB-led group that values the video game services company at about £2.1 billion ($2.5 billion), accepting a lower price after the video game services business was hit with delayed and canceled orders. Most Read from Bloomberg Investors will get £24.50 per share in
Keywords Studios will soon become part of Swedish private equity firm EQT Group. The video game outsourcer’s board of directors has now approved the final bid worth more than £2 billion. EQT Group will acquire Keywords Studios through its newly formed subsidiary Bidco, according to the official announcement. The deal values the Irish company at
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things, we’ll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company’s amount of capital employed. Put simply, these types of businesses are compounding machines, meaning