Dublin's Keywords Studios in advanced talks on multi-billion acquisition deal

The video game services is listed on the London Stock Exchange

EQT had previously made four unsolicited proposals for Keywords, all of which were rejected by the company's board.

Dublin-headquartered Keywords Studios is in advanced talks with European private equity group EQT to acquire it for £2.2bn (€2.6bn).

EQT is negotiating over a possible cash offer of £25.50 per share of London-listed video game services company Keywords, the statement said. This offer represents a premium of about 73% over Keywords' closing share price of £14.70 on Friday.