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All publications by tag «EG7»

News May 26, 2023

EG7 will close the developer studio of Rising Storm 2: Vietnam and I.G.I. Origins

Swedish gaming holding Enad Global 7 (EG7) announced the imminent closure of its subsidiary studio Antimatter Games. It will stop working in the summer of 2023.

News May 24, 2023

Shareholders of Swedish EG7 offered to sell the company

One of the largest shareholders of the Swedish gaming holding EG7 is dissatisfied with the way things are going. Alta Fox appealed to the EG7 board of directors and recommended that alternative business development options, including the sale of the company, be immediately explored.

Investments and transactions April 19, 2022

Innova management buys the company for €32 million from the Swedes who bought it for €109 million

New consequences of sanctions. Swedish gaming holding EG7 has announced plans to sell the company Innova. The deal is estimated at €32 million. This is much less than the amount for which Innova was purchased in February last year.

Investments and transactions February 25, 2021

Swedish holding EG7 acquired localizer and publisher Innova for €109 million

The publisher Innova, known for localization of many MMO for the Russian market, became part of the Swedish holding EG7. The transaction amount was €109 million.Innova will receive €109.8 million in the form of 9.7 million shares of Enad Global 7 AB holding, and the deal itself does not involve additional payments.