About the transaction
JAGEX, the owner and developer of the iconic RuneScape online gaming franchise, was placed at the heart of a new public Chinese gaming company, Zhongji Holding. Zhongji Holding is part of Shanghai Zhongji Enterprise Group, a highly respected and well-established Chinese company, and its acquisition of JAGEX represents its first foray into the gaming sector. Corum represented JAGEX during the M&A process. Zhongji Holding is committing significant resources to its investment in the global games sector and further acquisition activity is anticipated as the Company increases its presence in the space.