4A Games and Zen Studios Will Remain Within Embracer Group
The Embracer Group has completed the divestment of Saber Interactive. The Swedish group has received an early payment for the sale of the Saber assets, while 4A Games and Zen Studios will remain within the Embracer Group.
The Swedish Embracer Group announces the receipt of $168.4 million as an early payment for the sale of the Saber assets (around 152 million Euros). In addition, Embracer will receive further payments of $28.1 million in 2024 and 2025, just over 25 million Euros. This settlement relates to the sale of selected assets of the former Saber Interactive operating group, which was announced on 14 March 2024 and completed on 28 March 2024. With this payment, all obligations related to the transaction, including financial obligations, are now fully settled. As previously announced, the sale was made to Beacon Interactive, a company controlled by Saber Interactive co-founder Matthew Karch.