CI Games wants to buy back all remaining shares of publisher United Label. The company behind the Sniper: Ghost Warrior series has made the offer ahead of a potential listing in London.
The Polish firm, which currently owns a 78.5% stake in United Label, shared the news on May 17. The financial terms of the proposed deal remain undisclosed, but CI Games values the publishing label at PLN 22.98 million ($5.2 million).
CI Games has been a public company in Poland since 2007, with its shares trading on the Warsaw Stock Exchange. It hopes that this acquisition will support its growth ahead of the potential dual listing on the London Stock Exchange.
“This will aid in driving forward the enlarged group’s future success through sustained investment into all four pillars of our growth strategy and leveraging our diversified global structure, to deliver our strongest portfolio of games and content to date,” the company’s CEO Marek Tyminski said.
Established by CI Games in 2019, United Label primarily works with indie developers and has already published titles like Röki, Tales of Iron, and Eldest Souls.
CI Games, which reported record results for 2021, has now three major games in development, including Lords of the Fallen 2 and the new installment in the Sniper: Ghost Warrior series.