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Investegate |Codemasters Grp Hldg Announcements | Codemasters Grp Hldg: Publication of Scheme Document


Important notices relating to financial advisers
Jefferies International Limited ( Jefferies ) which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively for Codemasters as financial adviser and for no one else in connection with the matters set out in this announcement and will not regard any other person as its client in relation to the matters referred to in this announcement and will not be responsible to anyone other than Codemasters for providing the protections afforded to its clients or for providing advice in relation to the Acquisition or any other matter or arrangement referred to in this announcement. Neither Jefferies, nor any of its affiliates, owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Jefferies in connection with this announcement, any statement contai ....

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Electronic Arts Shunts Take-Two Aside With $1.2 Billion Bid for Codemasters


By
Rupert Steiner
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Game enthusiasts pose for photographs during the EA Play 2019 event on Jun. 8, 2019, in Los Angeles, California.
Getty Images
Computer games giant Electronics Arts has gate-crashed a $1 billion bid by “Grand Theft Auto” publisher
Take-Two Interactive
for U.K.-listed Codemasters with a $1.2 billion rival offer.
European computer games maker
Codemasters Group,
which specializes in car racing games, has backed Electronics Arts and slammed the brakes on its recommendation for the previous Take-Two offer.
The bid battle comes four months after Codemasters was tipped in
Barron’s as undervalued at 341 pence (455 cents). The shares closed at 642 pence on Monday and if readers had invested they would have seen a 88% increase on their holding. ....

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Codemasters stock price explodes higher after being acquired by Electronic Arts


The deal is expected to close in Q1 2021 for £6.04 ($7.98) per share
Codemasters stock price erupted over 22% higher following the EA takeover news
Shares of Codemasters Group PLC (LON: CDM) soared 22.85% higher on Monday after the company accepted a bid worth around $1.2 billion from Electronic Arts.
Fundamental analysis: EA beats Take-Two 
Electronic Arts is acquiring the British video game developer Codemasters for about $1.2 billion in a deal that could give the American video game company lead in the racing video games market.
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The reports about EA’s intentions to buy Codemasters came during the weekend, in which it was stated that Codemasters had a previously agreed deal of $970 million with Rockstar Games and Take-Two Interactive. ....

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Vaccine Rollout, Electronic Arts, Alexion, Tesla - 5 Things You Must Know Monday


Vaccine Rollout, Electronic Arts, Alexion, Tesla - 5 Things You Must Know Monday
TheStreet
12/14/2020
Here are five things you must know for Monday, Dec. 14:
Popular Searches
1. Stock Futures Kick Off Week Higher
Stock futures were rising Monday as the first coronavirus vaccines were shipped to distribution sites across the U.S. and a bipartisan group of lawmakers prepared to introduce a $908 billion pandemic relief package.
Contracts linked to the Dow Jones Industrial Average jumped 250 points, S&P 500 futures were up 28 points and Nasdaq futures gained 73 points.
The first deliveries of the vaccine from Pfizer and partner BioNTech were getting shipped from Pfizer s plant in Kalamazoo, Mich., and were due to arrive Monday mostly at hospitals across all 50 states. ....

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