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How do spinoffs work? Will I as a shareholder of Embracer, get shares in Asmodee/Coffee Stain & Friends when and if the separation happens?
- Companies typically pursue a spinoff if they believe a business will benefit from operating as a standalone business – often to pursue individual growth strategies, investments or opportunities, ultimately to unlock value.
- If a general meeting in Embracer Group resolves to pursue a distribution of dividend of shares in “Coffee Stain & Friends” and Asmodee, shareholders of Embracer Group will – subject to certain conditions and upon completion of spin-off – ultimately own shares in three publicly traded companies. When receiving shares as dividend shareholders will get shares corresponding to their ownership in Embracer Group.
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