‘The Lord Of The Rings’ Owner Embracer To Split Business Into Three Listed Groups – Deadline

                By <a href="https://deadline.com/author/jwhittock/"><span>Jesse Whittock</span></a>             <br>International TV Co-Editor<br>  The company that owns IP rights to the <em>Lord of the Rings</em> franchise is dividing its business.<br>   <a  href="https://deadline.com/tag/embracer-group/"  id="auto-tag_embracer-group"  data-tag="embracer-group"  >Embracer Group</a> has unveiled plans to split into three operations: games publisher Asmodee Group, indie gaming label Coffee Stain &amp; Friends and Middle-earth Enterprises &amp; Friends, which will house the <em>Lord of the Rings</em> and <em><a  href="https://deadline.com/tag/tomb-raider/"  id="auto-tag_tomb-raider"  data-tag="tomb-raider"  >Tomb Raider</a></em> rights. <br>    Each company will be publicly listed on the Nasdaq Stockholm exchange, but Middle-earth Enterprises &amp; Friends will remain within the current listed Embracer Group, which will be renamed. Embracer has also entered into a &euro;900M ($959M) financing agreement with Asmodee, which will partly go on repaying debts.    <div class="admz" id="adm-inline-article-ad-1">                     <div class="adma boomerang" data-device="Desktop" data-width="1">                <div style="min-width:50px;min-height:75px;"   class="pmc-adm-boomerang-pub-div ad-text"   data-priority="10" >    <div id="gpt-dsk-tab-mid-article1-uid0"         class="adw-1 adh-1" data-is-adhesion-ad="">         <script type="application/javascript">
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