Press releases
Press releases
FunRock AB (under namnändring till Fragbite Group AB) issues a bank debt facility
The Company’s Board of Directors has resolved to issue a new senior bank debt facility of million 15 SEK with a leading Nordic bank at competitive interest rate. The newly issued bank debt facility runs over 36 months with straight amortization rate during the term. – This bank debt facility gives the Company greater flexibility […]
FunRock AB (under name change to Fragbite Group AB) completes the acquisition of a European games publisher
As communicated on May 11, 2021, FunRock AB (under name change to Fragbite Group AB) (“the Company”) has entered into an agreement to acquire all shares in the European games publisher Playdigious SAS (“Playdigious”). The Company has today completed the acquisition. The initial purchase price amounts to 5 MEUR on a cash and debt-free basis, […]
FunRock AB (under name change to Fragbite Group AB) acquires a European games publisher
FunRock AB (under name change to Fragbite Group AB) has today entered into an agreement to acquire all shares in a European games publisher (“the Target Company”), which is an established games publisher that publishes indie games mainly for mobile phones, tablets and consoles. Through partnerships with game developers that already have released successful indie […]