Playtika buys Israeli mobile games studio Innplay Labs
Playtika will pay $80 million up front for the strategic acquisition with a maximum consideration of $300 million.
Source: globes.co.il
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Is the party over for Playtika?
Layoffs and Joffre Capital's withdrawal from the deal to buy a 25% stake in Playtika, amid claims of deficient corporate governance, have rocked the Israeli mobile games firm.
Source: globes.co.il