angry birds maker rovio sets price range for 1 billion ipo
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Angry Birds maker Rovio sets price range for $1 billion IPO

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Arab Today, arab today Angry Birds maker Rovio sets price range for $1 billion IPO

Angry Birds
Helsinki - Arab Today

Finnish mobile games and animation studio Rovio Entertainment on Friday set the initial price range for its planned IPO which would value the company at around $1 billion.
The preliminary price range of €10.25-€11.50 per share would give Rovio a market value of between €802 million and €896 million.
Rovio’s main owner, Trema International, which is owned by Kaj Hed, the uncle of company co-founder Niklas Hed, is expected to keep a 36.6 percent stake after the listing.
Trema currently owns 69 percent of Rovio’s shares.
Rovio said it expects to start trading on Helsinki bourse’s pre-list on September 29 and on the main list on October 3.

 

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angry birds maker rovio sets price range for 1 billion ipo angry birds maker rovio sets price range for 1 billion ipo

 



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angry birds maker rovio sets price range for 1 billion ipo angry birds maker rovio sets price range for 1 billion ipo

 



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