Trilegal advised Swedish gaming studio Stillfront led by a TMT team of
Sweden-based free-to-play gaming studios Stillfront Group, on Tuesday (February 2), announced that it will acquire Bengaluru-based Moonfrog Labs Private Limited, the company behind popular games like Teen Patti Gold, Ludo Club, Rummy Gold and others.
— Inc42
Trilegal advised Swedish gaming studio
AZB & Partners advised Internet Fund III Pte Ltd, an affiliate of
Shardul Amarchand Mangaldas was also a domestic legal advisor.
DLA Piper also advised.
Dhruva Advisors and PwC were tax advisors to the sellers in connection with the transaction.
Carnegie Investment Bank and Oakvale Capital were financial advisors.
EY was financial and tax due diligence advisor to Stillfront in connection with the transaction.
2021-02-01
Deal value: $90m
This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.
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Would you rather have 3-4 associates die on the dd and deal or have a well spread out/multipractice team do it? Assuming the latter was the case, i would think it wouldve better for both the firm and the client. Most of all - atleast the associates were not as overburdened (atleast you can assume so).
This mob mentality of yours is the reason why associates are too stressed out. Try and look past the 2 liner article that this is and then maybe you may appreciate the dynamics which (may) have been involved.
I for one find this deal amusing given that a foreign studio is acquiring an indian gaming studio (who wouldve thought!). And no, I do NOT work at TL. Its just the smug knowitall tone of yours that ticked me off.
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