References/3 Mar 2022

Borenius is advising Netflix, Inc. on a recommended voluntary public cash tender offer to acquire Next Games Corporation

We are advising Netflix, Inc. on its pending EUR 65 million voluntary recommended public cash tender offer for Next Games Corporation. Next Games is a Finnish company listed on First North Growth Market Finland. The tender offer was announced on 2 March 2022 and it is expected to commence on or about March 14, 2022. The Board of Directors of Next Games has unanimously decided to recommend that the shareholders accept the tender offer.

Netflix is the world’s leading streaming entertainment service with 222 million paid memberships in over 190 countries enjoying TV series, documentaries, feature films and mobile games across a wide variety of genres and languages. Next Games is the first publicly listed mobile game developer and publisher in Finland, specializing in games based on entertainment franchises, such as movies, TV series or books.

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