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Nazara Technologies Extends Acquisition Timeline for Moonshine Technology

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Nazara Technologies Extends Acquisition Timeline for Moonshine Technology

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An announcement from Nazara Technologies Ltd. ( (IN:NAZARA) ) is now available.

Nazara Technologies Limited has announced an extension for the acquisition timeline of the remaining equity shares of Moonshine Technology Private Limited. The new deadline for acquiring the remaining 0.96% of equity shares from I3 Interactive Inc is set for April 15, 2025, as per the amended Share Purchase Agreements. This acquisition is part of Nazara’s strategic efforts to strengthen its market position and expand its portfolio in the gaming sector.

More about Nazara Technologies Ltd.

Nazara Technologies Limited operates in the gaming and digital sports industry, providing a range of interactive gaming experiences across India, the Middle East, Africa, and Europe. The company focuses on developing and publishing mobile games, eSports, and gamified learning solutions.

YTD Price Performance: -7.14%

Average Trading Volume: 19,150

Current Market Cap: 81.74B INR

For an in-depth examination of NAZARA stock, go to TipRanks’ Stock Analysis page.

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