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Koei and Tecmo merger agreed for April, worth $207 million

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According to this Reuters report, Koei and Tecmo have agreed terms to merge and will combine under a holding company in April next year.

The deal is worth $207 million.

Each Tecmo share will be exchanged for 0.9 shares in the holding company, while one share in the holding firm, called Tecmo Koei Holdings, will be allotted to each Koei share, allowing Koei shareholders to take three quarters of the new corporation.

More through there.

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Patrick Garratt avatar

Patrick Garratt

Founder & Publisher (Former)

Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.

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