| Decision | Consent granted Section 13(1)(c) Overseas Investment Act 2005 |
|---|---|
| Decision Maker | Overseas Investment Office |
| Decision Date | 27 May 2021 |
| Pathway(s) | Significant business assets only |
| Investment | The acquisition of up to 100% of the shares in Ninja Kiwi Limited |
| Consideration | $366,600,000 |
| Applicant | MTG Gaming AB (Sweden 47.5%; United States 16.6%; Luxembourg 8.2%; United Kingdom 6.8%; Finland 5.5%; Norway 5.0%; Various 10.4%) |
| Vendor | Ninja Kiwi Limited |
| Background | The Applicant is a digital entertainment company based in Stockholm, Sweden. Both the Applicant and the Vendor are involved in the gaming industry. The Applicant is acquiring up to 100% of the shares in the Vendor’s company. The Applicant intends to assist the Vendor scale its business by leveraging its assets and capabilities. The Applicant has satisfied the investor test criterion. |
| More information | Glenn Shewan Bell Gully (Auckland) PO Box 4199 AUCKLAND 1140 |