Mattel To Buy Full Ownership Of Mattel163 Mobile Games Studio

Reuters

02/11

Feb 11 (Reuters) - NetEase Inc <9999.HK>::
*MATTEL: DEAL WITH JV PARTNER NETEASE TO BUY FULL OWNERSHIP OF MATTEL163 MOBILE GAMES STUDIO
*MATTEL: DEAL TO BE IMMEDIATELY ACCRETIVE FOR CO
*MATTEL: OVER HALF OF PURCHASE COST TO BE FUNDED FROM CO'S SHARE OF JV’S CASH
*MATTEL: DEAL VALUES MATTEL163 AT $318 MILLION, WITH PURCHASE PRICE OF $159 MILLION FOR NETEASE’S 50% INTEREST
*Further company coverage: 9999.HK
* ((Reuters.Briefs@thomsonreuters.com;;))

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 10-FEB-202621:10:09 GMT

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