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Nazara said it has cancelled its plans to acquire 38,073 fully paid-up equity shares of PokerBaazi parent Moonshine Technology Pvt Ltd from I3 Interactive Inc
The gaming major entered into a definitive agreement with Moonshine to acquire 47.7% stake in it for INR 831.5 Cr via a secondary transaction in September
With the real money gaming business coming to an abrupt end, Nazara is also considering writing off its entire investment in PokerBaazi parent
Days after the…
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Nazara said it has cancelled its plans to acquire 38,073 fully paid-up equity shares of PokerBaazi parent Moonshine Technology Pvt Ltd from I3 Interactive Inc
The gaming major entered into a definitive agreement with Moonshine to acquire 47.7% stake in it for INR 831.5 Cr via a secondary transaction in September
With the real money gaming business coming to an abrupt end, Nazara is also considering writing off its entire investment in PokerBaazi parent
Days after the…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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