CHINA TOPIX

05/16/2024 02:15:44 pm

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Playtika

Among the Chinese investors buying the Caesars Interactive Entertainment’s online games unit Playtika include Jack Ma.

Chinese Consortium to Acquire Caesars' Games Unit Playtika for $4.4 Billion

Chinese investors led by Shanghai Giant Network Technology Co. and e-commerce company Alibaba Group founder Jack Ma have agreed to acquire Caesars Interactive Entertainment’s online games unit Playtika Ltd. for $4.4 billion in cash.

A Chinese consortium led by Shanghai Giant has agreed to buy Caesars Interactive Entertainment's Playtika in a $4.4 billion deal.

Chinese Consortium to Take Over Caesars Online Game Unit Playtika for $4.4B

A Chinese consortium including game developer Shanghai Giant Network Technology Co Ltd and e-commerce giant Alibaba Group Holding Ltd. founder Jack Ma has agreed to buy Playtika, the social casino game firm owned by Caesars Interactive Entertainment Inc for $4.4 billion.

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