The gaming equipment maker, which already owns 35% of online payment platform MOL, will wholly acquire the company at a valuation of almost $100m.
Gaming accessories and equipment producer Razer agreed yesterday to acquire Malaysia-based digital payment technology provider MOL Global for about the same valuation at which it backed the company in June 2017.
Razer acquired a 19.9% share of MOL in June through a secondary share purchase and bought another 15% in February 2018, according to the Hong Kong Stock Exchange filing that revealed the deal. It will pay $61.2m for the remaining 65.1% of MOL.
MOL runs a digital payment…