Video Game Maker Keywords Studios Soars After EQT Takeover Talks
KEY TAKEAWAYS London-listed Keywords Studios surged 60% in intraday trading Monday after the video game maker said it was "in advanced discussions" to be acquired by private equity firm EQT for 25.50 British pounds per share. The potential takeover would value the company at GBP2.03 billion ($2.58 billion), according to The Wall Street Journal, and would mark the latest loss to the London Stock Exchange of a key company. British chip designer Arm Holdings (ARM) left the London bourse and began trading on th ...