EQT in Advanced Talks to Buy Keywords Studios for £25.50/Share

EQT Group is in advanced talks to buy Keywords Studios Plc for £25.50 per share, in a deal that would value the Dublin-based video game services company at more than £2 billion ($2.5 billion).

The possible bid, which comes after Keywords’ board rejected four unsolicited proposals from the private equity firm, represents a “significant increase from the initial proposal,” the company said in a statement.