Tencent In Talks To Buy Playtika's SuperPlay For $1.5 Billion
Playtika paid $690 million cash for SuperPlay in November 2024 and would offload its ballooning earnout debt onto Tencent in a sale.
- SuperPlay's earnout, capped at $1.25 billion through 2027, already sits at $829 million this quarter.
- Founders Eyal Netzer and Gilad Almog left Playtika's own ranks to start SuperPlay.
- Playtika carries $2.3 billion in debt due 2028-2029 and posted a $309 million quarterly loss.
Why it matters: The company parting with its best asset to shed debt is confessing what its own numbers already showed.
Golan Hazani/CTech (Calcalist) ↗ · Jul 20, 20267/20/26 · ✓ Checked✓ Check