SGG: MTG completes sale of ESL Gaming to Savvy
Modern Times Group (MTG) has successfully closed the transaction to divest ESL Gaming to Savvy Gaming Group. ESL Gaming is therefore no longer part of MTG and will be reported as 'Discontinued operations' in the group's financial results for Q1 2022 and will be deconsolidated from Q2. MTG says it will now continue its growth [...]
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Savvy Gaming Group is a Saudi Arabia-based holding company that owns and operates gaming and esports businesses.
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