Fortnite Support Shop Keywords Studios Rises Most Since IPO on £2 Billion Takeover Talks
- Possible offer from EQT could value Keywords above £2 billion
- Board set to recommend proposals after rejecting earlier bids
Fortnite V-Bucks for sale at a video game shop.
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Shares in Keywords Studios Plc rose the most since the Dublin video games studio went public in 2013, after disclosing it’s in advanced takeover talks with EQT Group that could value the company above £2 billion ($2.5 billion).
Keywords Studios, established in 1998, provides game development, audio and art services to game industry clients and has acquired numerous smaller support shops over the past few years. Titles it has worked on include Fortnite, Call of Duty and Baldur’s Gate 3, and the company operates across 26 countries.