Reverse Takeover By CD Projekt
On October 1, 2009 (2009-10-01), a nearly defunct Optimus signed a letter of intent with CDP Investment Sp. z o.o., a holding company for CD Projekt. In what is known as reverse takeover, Optimus agreed to buy 100% stake in CDP Investment, funding the transaction with its own shares and allowing CD Projekt to enter the Warsaw Stock Exchange. The transaction was completed on January 3, 2011 (2011-01-03), and on July 25, 2011 (2011-07-25) Optimus S.A. changed its name to CD Projekt RED S.A..
Read more about this topic: Optimus S.A.
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