Closing of Easybrain divestment

On 14 November 2024, Embracer Group AB (“Embracer”) entered into an agreement to divest the operative group Easybrain to Miniclip. All conditions for the transaction have now been fulfilled, payment according to agreements has been received, and the transaction is closed as of today.

For further information on the transaction, reference is made to the press release announced on the above-mentioned date, and the presentation about the transaction available on Embracer’s website.

Advisors

To Embracer, Aream & Co. acted as financial M&A adviser, Covington & Burling LLP acted as legal adviser, and EY provided services related to financials and tax.

To Miniclip, Merrill Lynch International (“BofA Securities”) acted as financial adviser, Latham & Watkins acted as legal adviser, and KPMG advised on financial and tax due diligence along with other related advisory services.