Gaming giant Embracer Group is splitting into three companies The VergeDebt-strapped European games group Embracer plans 3-way split Financial TimesEmbracer to Spin Off Asmodee ICv2‘Lord of the Rings’ Owner Embracer to Separate Into Three Standalone Publicly Listed Entities VarietyEmbracer Splitting Into Three Companies: Middle-Earth Enterprises & Friends, Coffee Stain & Friends, and Asmodee Group IGN