Infogrames Entertainment and Namco Bandai Games Europe Sign Deal

Partnership expected to provide Namco Bandai with a global distribution network and substantially increase distribution revenues of Infogrames
Infogrames Entertainment and Namco Bandai Games Europe S.A.S. have announced that they have signed a binding letter of intent establishing a strategic partnership. Under the terms of the agreement, Namco Bandai would acquire a 34% stake in Infogrames' European and Asian distribution operations, with the remaining stake being retained by Infogrames. This transaction formalizes the close relationship between the two companies which dates back to 2001.