Rovio Entertainment IPO – CWEB.com

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Rovio Entertainment IPO – CWEB.com

The maker of hit mobile phone game “Angry Birds” is planning an initial public offering to raise around 30 million euros ($36 million) and potentially use its shares to make acquisitions. Finland’s Rovio Entertainment Ltd said on Tuesday that existing shareholders, which include the uncle of the company’s co-founder as well as venture capital firms Accel Partners and Atomico, would also sell some shares, though it gave no details.

 

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