How much will Microsoft have to pay for CD Projekt? Journalists have counted – Igromania

news/98504/Skolko_Microsoft_pridyotsya_zaplatit_za_CD_Projekt_Zhurnalisty_podschitali.html"> Recent purchase company Microsoft groups ZeniMax Media together with the publishing house Bethesda Softworks and a whole series of cult series has become one of the significant events of the year in the gaming industry. And the Polish media couldn’t help but wonder: what if Microsoft wants to continue?-

Portal Gry-Online.pl countedhow much would it cost to buy a company CD Project… Its current capitalization is estimated at $ 9.92 billion – for comparison, the purchase of ZeniMax cost $ 7.5 billion.-

However, the case with CD Projekt is somewhat different. This is a joint-stock company, and to control it, it is enough to buy out a controlling stake – 50% plus one share. However, simply shelling out $ 4.96 billion would not be enough: in such cases, shareholders are in no hurry to part with shares, and they have to offer premiums, up to 50% of the value.

In addition, by law, after Microsoft bought up a third of CD Projekt’s shares, it would have to tender the remaining shares and pay up to two-thirds of the shares. If we agree with the main shareholders – Ivinsky, Kichinsky and Neljubovich, they each own 33.39% of the shares – then the amount can easily exceed 10 billion.

If, however, do not agree and resort to takeover and takeover, the company will most likely leave the key figures, including the founders. Which will immediately affect the acquisition value.

The main Polish studio appears to be well protected from a sudden takeover. But the main thing is that the economic feasibility of such an acquisition is questionable. As stated in the financial report of CD Projekt, for the past six months the company received about $ 40 million in net profit. Moreover, only Fallout Shelter “Earns” about a million dollars a month.-

The main “breadwinner” of the company remains the series “Witcher»: «Screw»Did not make a sensation, unlike Fallout Shelter, Cyberpunk 2077 while it remains unknown, and the store GOG.com – a nice, but not the main addition.

By the way, talk about buying CD Project RED have already gone: in 2015, a couple of months after leaving “The Witcher 3“, It was rumored that she was interested in the Polish studio Electronic Arts… The prospect angered the public so much that Marcin Iwiński himself was forced to issue a categorical refutation.

And that “would we have 2076 prequels of Cyberpunk 2077».