CI Games wants to buy out all remaining shares of publisher United Label. The company behind the Sniper: Ghost Warrior series made the offer ahead of a possible listing in London.
The Polish company, which currently owns a 78.5% stake in United Label, shared the news on May 17. Financial terms of the proposed deal remain undisclosed, but CI Games values the publishing label at PLN 22.98 million ($5.2 million).
CI Games has been a public company in Poland since 2007, with its shares traded on the Warsaw Stock Exchange. It hopes this acquisition will support its growth in anticipation of a possible dual listing on the London Stock Exchange.
“This will help drive the future success of the expanded group through continued investment in the four pillars of our growth strategy and leveraging our diverse global structure, to deliver our strongest portfolio of games and content to this day,” said company CEO Marek Tyminski.
Created by CI Games in 2019, United Label works primarily with independent developers and has previously released titles like Roki, iron talesand Oldest Souls.
CI Games, which announced record results for 2021, now has three major games in development, including lords of the dead 2 and the new slice in the Sniper: Ghost Warrior series.