Posted October 02, 2009
DarrkPhoenix: Huh, interesting move. Basically CD Projekt agrees to be bought by another company, Optimus S.A. However, the sale is paid for by Optimus S.A. using their company's stock. But the amount of stock that is paid results in the owners to CD Projekt now owning the majority of the stock for the resulting merged company, thus being the primary shareholders (basically the de facto owners). Interesting bit of financial maneuvering. With regards to what this means for CD Projekt, while I'm no market analyst it would seem to me that becoming a publicly traded company opens up additional ways that CDP can raise money to fund their various projects, indicating that they're probably using this acquisition as a stepping stone to help expand their operations.
100% correct. Current owners of CDP Group will become owners of majority stake in new entity (publicly listed). It means basically more options of financing further grow of our company. The one thing needs to be clarified. We've signed so far only letter of intend. Final agreement is due to be signed to the end of the month.
Post edited October 02, 2009 by Mikee