Sterling Plunge Leaves FTSE 100 Giants Exposed To US Predators

On PC gaming platform Steam, Cult of the Lamb has seen hundreds of thousands of downloads, and while Wilton can't reveal the exact figures due to Massive Monster's backing by UK-listed Devolver Digital, pre-sales numbers show the game has already recouped its investment costs.

"The proposed price for Unity appears well below its intrinsic value, and we would expect Unity to reject it for that reason," wrote Michael Pachter, analyst at Wedbush Securities. "We think interference with the ironSource acquisition is problematic, and will cause Unity´s board to tread very carefully before agreeing to a sale outright."

And just when things looked on the up for 2016, the Eels were struck down by allegations of salary-cap rorting that eventually led to the stripping of 12 points and a complete restructure of their administration.

Three of those turnovers came in the first quarter before Simmons had managed a single assist, the Heat defence anticipating a pass from the Australian who has faced intense criticism over his reluctance to shoot.

Aug 9 (Reuters) - Gaming software company AppLovin Corp made an offer on Tuesday to buy its peer Unity Software Inc in a $17.54 billion all-stock deal, threatening to derail Unity's announced plan to acquire AppLovin's smaller competitor ironSource.

Blue chip firms including gambling group Entain, packaging company DS Smith and telecoms behemoths BT and Vodafone are all now vulnerable to foreign corporate raiders, according to experts at broker Canaccord Genuity. 

Shares of ironSource were down 11.21%. ironSource could receive $150 million in termination fee if Unity decides to walk away, according to the merger agreement. (Reporting by Eva Mathews and Nivedita Balu in Bengaluru, Krystal Hu in New York; Editing by Saumyadeb Chakrabarty, Mike Harrison and David Gregorio)

It will be the first time a professional Australian e-sports team joins a global league on a permanent basis, pkv games NBL Oz Gaming to be based in the United States and join fellow expansion sides from Shanghai and Mexico City in the 25-team competition.

He added: 'Private equity may struggle to raise finance. This is why we believe we will also see a potential wave of corporate mergers and acquisitions. UK valuations were very attractive even before the dramatic fall in sterling.' 

The sector employs 201,000 Chinese and 111,000 Filipinos, according to Leechiu's data, which estimates POGOs deliver 190 billion pesos ($3.22 billion) to the economy each year, a boon to the property and retail sectors.

MANILA, Sept 26 (Reuters) - The Philippines will stop operations of 175 offshore gambling firms and deport about 40,000 Chinese workers, a justice ministry official said on Monday, part of a crackdown on the notoriously opaque online gaming industry.

Vodafone could be attractive to a US buyer, the source added. 'Darktrace has been battered since it went public, so it would make sense, and Vodafone could happen at some point. Though Vodafone is very big and very political - it would be a US buyer coming in, if anybody did.' 

Graham Simpson from Canaccord said that as the UK stares down 'the barrel of a recession', bidders will be looking for firms with strong cash flows, high profit margins and low debt that could 'weather the inflation and interest rates storm'.

Real estate consultancy Leechiu Property Consultants estimates that a complete exit of the POGO industry would leave vacant 1.05 million square metres (259 acres) of office space - a third of the size of New York's Central Park - and 8.9 billion pesos ($151 million) in foregone annual rent.

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The POGOs targeted for closure had licenses that either expired or were revoked, for violations like non-payment of government fees, Clavano said, adding the deportation of the Chinese workers would start next month.