Atari in a pact to invest in Thunderful Group AB

Atari in a pact to invest in Thunderful Group AB

Atari has announced its intention to acquire a significant stake in Thunderful Group AB, marking a strategic move in the gaming industry. According to Reuters, Atari will own 81.7% of Thunderful Group AB after a directed share issue of SEK 50.0 million, subject to the approval of an extraordinary general meeting (EGM) planned for August 28, 2025 [1].

The deal involves a directed share issue of SEK 50.0 million, which will dilute the current shareholders' holdings by approximately 82%. Atari has been granted an exemption from the mandatory offer obligation, allowing it to proceed with the acquisition without the need for a public offer [1].

Thunderful Group AB has been undergoing a restructuring process to improve its cash flow and reduce costs. The company aims to achieve cost reductions of SEK 6-8 million during the second half of 2025 and SEK 40-45 million for the full year 2026. This restructuring includes workforce reductions within game development studios and the publishing business [2].

The acquisition by Atari is part of a broader strategy to strengthen its presence in the gaming market. Atari's investment in Thunderful Group AB comes at a time when the gaming industry is experiencing significant growth and consolidation.

References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_FWN3TP273:0-atari-to-own-81-7-in-thunderful-after-directed-share-issue/
[2] https://www.tradingview.com/news/reuters.com,2025-07-29:newsml_MFN7yNWYD:0-thunderful-group-initiates-restructuring-and-provides-business-update/