IN BRIEF: Keywords says takeover deadline for EQT extended by 2 weeks

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Keywords Studios PLC - Dublin-based provider of technical and creative services for video game production - Takeover Panel agrees extension by which private equity firm, EQT Group, must announce a firm intention to make an offer for Keywords to June 28. Original deadline was this Saturday. In May, EQT made a cash approach valuing each share in Keywords at 2,550p, or around £2.03 billion. Keywords said the latest approach followed ‘four previous unsolicited proposals from EQT in recent months’. At the time, Keywords said it would back an offer at that level should a firm bid be made.

Current stock price: 2,224.00 pence, up 4.1% in London on Friday

12-month change: up 13%

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