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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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IN BRIEF: Codemasters Directors Vote In Favour Of Codex Takeover

Wed, 20th Jan 2021 16:38

Codemasters Group Holdings PLC - Warwickshire-based video game developer - Directors vote in favour of takeover by Codex Games Ltd, a subsidiary of Electronic Arts Inc. They favour the bid after US video game publisher Take-Two Interactive Software Inc allowed its GBP726 million offer for Codemasters to lapse. In mid-December, Codemasters accepted the takeover bid from Take-Two's larger US rival EA for GBP945 million, or 604 pence per share in cash.

Codemasters current stock price: 602.00 pence

Year-to-date change: down 8.0%

EA current stock price: USD144.37

Year-to-date change: up 0.5%

Take-Two current stock price: USD204.24

Year-to-date change: down 1.7%

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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