Take-Two Interactive Software, Inc. (NasdaqGS:TTWO) acquired 94.5% stake in Nordeus Limited from Nordeus Holding Limited for approximately $370 million on June 1, 2021. As per the terms, Take-Two will pay initial upfront consideration of approximately $120.5 million in cash and 515,181 unregistered shares. The maximum aggregate amount of the earn-out eligible to be paid under the Purchase Agreement is capped at $153 million. The cash portion was funded from Take-Two?s cash on hand. Daniel Emerson of Harbottle & Lewis LLP, Karanovic & Nikolic and Hayes Solicitors acted as legal counsel to Take-Two. PricewaterhouseCoopers Consulting d.o.o. acted as financial and tax counsel to Nordeus. Connor Manning, Ciar?n Bolger and Ailish Finnerty of Arthur Cox and Mark Stevens, Scott Behar, Joseph Schenck, Marshall Mort, Helen Christakos and Julia Ushakova-Stein of Fenwick & West LLP acted as legal advisors to Nordeus Limited and Nordeus Holding Limited. Take-Two Interactive Software, Inc. (NasdaqGS:TTWO) completed the acquisition of 94.5% stake in Nordeus Limited from Nordeus Holding Limited on June 1, 2021.