Angry Birds maker Rovio plans initial public share offering
Posted September 05, 2017 7:00 am
COPENHAGEN, Denmark (AP) - Rovio Entertainment, the Finnish maker of "Angry Birds" and other popular mobile games, says it plans an initial public offering and a listing of its shares on the Helsinki stock exchange.
Chief Executive Kati Levoranta says the company "is stronger than ever" and well-positioned in the fast growing mobile gaming market with a diversified games portfolio.
Levoranta added Tuesday that recent launches - Angry Birds Evolution, Battle Bay and Angry Birds Match - have been doing well. He called the share listing "an important milestone in developing Rovio into an even stronger games-first entertainment company."
The company, based in Espoo, Finland, didn't give an estimated share price or company value.
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