Dec 16 (Reuters) - Stillfront Group AB (publ) :
* Announces its acquisition of 100 pct of shares in Dubai-based Babil Games Llc
* Completion of acquisition is expected to occur around year end 2016
* Babil will be consolidated in Stillfront’s financial reporting from Dec. 2016.
* Will pay an earn-out consideration in aggregate maximum total amount of $12,500,000 payable 50 per cent in cash and 50 per cent in newly issued shares in Stillfront Source text for Eikon:
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