Mattel To Buy Full Ownership Of Mattel163 Mobile Games Studio
Reuters
8 hours ago
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;;))
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