Nazara moves to all-cash acquisitions of Bluetile and Bestplay

Nazara UK plans to acquire 100% of Bluetile for $224.6 million and Bestplay for $80.4 million at closing, replacing a staged acquisition structure.

Nazara has revised its proposed acquisitions of Bluetile and Bestplay from staged purchases into all-cash transactions for 100% of both companies at closing. Bluetile is valued at $224.6 million and Bestplay at $80.4 million, with completion expected within 60 days of the announcement.

The original structure would have split the purchases between an initial controlling stake and a later acquisition of the remainder. The revised terms simplify ownership but increase immediate cash requirements. Bluetile founder Raymond Albaladejo Stauffer is also set to become Nazara's CEO, tying the acquisition directly to the group's leadership and its expansion in casual mobile publishing.