Nodwin Gaming to increase its ownership in Freaks 4U in Rs 271 cr deal

Nodwin Gaming Private Limited (a material subsidiary of Nazara Technologies Limited) said on Friday that its Singapore-based subsidiary, Nodwin Gaming International Pte. Ltd, has signed definitive agreements to increase its existing 13.51 per cent stake in Freaks 4U Gaming GmbH, a Berlin-based global full-service gaming and esports agency, to 100 per cent in tranches through a share swap valued at up to Rs 271 crore (Euro 30.3 million).