- Associated Press - Friday, September 15, 2017

COPENHAGEN, Denmark (AP) - Rovio Entertainment, the Finnish maker of “Angry Birds” and other popular mobile games, says that its initial public share offering will value it at about $1 billion.

The company based in Espoo, Finland said Friday that the shares will be priced in the range of 10.25 euros to 11.50 euros each, for a market capitalization of between 802 million euros and 896 million euros ($953 million to $1 billion).

CEO Kati Levoranta said the listing on the Helsinki exchange “will offer new shareholders an opportunity to become part of Rovio’s success.”


TOP STORIES
In cable the day he died, U.S. ambassador warned Clinton about Benghazi security
Evangelist Franklin Graham calls impeachment hearing 'a day of shame for America'
Obama spied on an opponent and the FBI lied repeatedly. Trump is being impeached?


She said Rovio has become “a global games-first entertainment company.” Best known for its Angry Birds mobile game that was launched in 2009, the company has expanded with other games, a movie and had licensed the Angry Birds brand.

Sign up for Daily Newsletters

Manage Newsletters

Copyright © 2019 The Washington Times, LLC.

Please read our comment policy before commenting.

 

Click to Read More and View Comments

Click to Hide