Spain/esports: OverActive Media (MAD Lions) to acquire KOI & Movistar Riders for €7.8m
OverActive Media, the Canadian company that owns Spanish club MAD Lions, is to acquire two other Spanish esports organisations, announced the company on 04/01/2024: KOI, co-founded in 2021 by content creator Ibai Llanos and investment fund Kosmos (owned by Gerard Piqué), and Movistar Riders.
The value of each of these two acquisitions is C$5.7m...