MTG ups stake in games firm
Modern Times Group has invested €82.6 million (US$90.2 million) to increase its shareholding in mobile and browser-based games company, InnoGames, from 21% to 51%. The agreement comes after MTG said in January that it would use the proceeds of the sale of its stake in Czech free-to-air broadcaster Prima to top-up its investment in InnoGames. […]