Angry Birds Maker Plans IPO That May Value It at $2 Billion


#1

Angry Birds maker Rovio Entertainment Oy plans to sell shares in a Helsinki initial public offering, seeking funds to support its resurgence seven years after releasing its best-selling mobile-game title.Main owner Kaj Hed, 62, and some other holders will sell shares, and Rovio will offer about 30 million euros ($36 million) of new stock, the company said Tuesday, without providing a total value for the sale. The IPO could value the maker of the Angry Birds mobile games and movie at about $2 billion, people familiar with the matter said last month. https://www.bloomberg.com/news/articles/2017-09-05/angry-birds-maker-rovio-plans-ipo-to-fuel-mobile-gaming-revival