Mobile App Hitmaker Dream Games Discussing $2.5 Billion Raise
Dream Games, a Turkish developer of popular mobile games including Royal Match, is in talks with investors to raise around $2.5 billion in fresh debt and equity in a round that would almost double the firm's valuation in less than three years.
The company has tapped Goldman Sachs Group Inc., which is reaching out to potential investors for the package, according to people with knowledge of the matter. Dream Games is seeking about $1.25 billion in debt from private credit lenders and about the same amount of equity capital, said the people, who asked not to be identified discussing private information.
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