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China – Chinese consortium in Giant $4.4bn deal for Caesars’ Playtika

A consortium including an affiliate of Shanghai Giant Network Technology, one of China’s largest online games companies, has entered into a definitive agreement with Caesars Interactive Entertainment to acquire CIE’s social and mobile games business Playtika in an all-cash deal for $4.4bn. The Consortium includes Giant Investment (HK) Limited; Yunfeng Capital, a private equity firm…