On June 27, Keywords received an updated (lower) cash offer of 2,450p/share from EQT, 66.7% premium, implied EV €2,405 million, 13.2x EV/fwd NTM EBITDA, 22.4x Fwd P/E. Still fair.
What is covered in the Full Insight:
Introduction to EQT/Keywords Studios Revised Offer
Details of Updated Possible Offer and PUSU Extension
Keywords Studios' Current Trading and Outlook
Competitive Landscape and Valuation Metrics
Conclusions and Strategic Implications
SUMMARY
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