{"id":353727,"date":"2017-09-15T10:30:31","date_gmt":"2017-09-15T10:30:31","guid":{"rendered":"http:\/\/citifmonline.com\/?p=353727"},"modified":"2017-11-10T11:23:26","modified_gmt":"2017-11-10T11:23:26","slug":"angry-birds-maker-rovio-sets-price-range-for-1-billion-ipo","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/09\/angry-birds-maker-rovio-sets-price-range-for-1-billion-ipo\/","title":{"rendered":"Angry Birds maker Rovio sets price range for $1 billion IPO"},"content":{"rendered":"
Finnish mobile games and animation studio Rovio Entertainment Ltd on Friday set the initial price range for its planned IPO which would value the company at around 1 billion dollars.<\/p>\n
The preliminary price range of 10.25-11.50 euros per share would give Rovio a market value of between 802 million euros and 896 million euros ($955.34 million – $1.07 billion).<\/p>\n
Rovio\u2019s 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.<\/p>\n
Trema currently owns 69 percent of Rovio\u2019s shares.<\/p>\n
Rovio said it expects to start trading on Helsinki bourse\u2019s pre-list on September 29 and on the main list on October 3.<\/p>\n
–<\/p>\n
Source: Reuters<\/p>\n","protected":false},"excerpt":{"rendered":"
Finnish mobile games and animation studio Rovio Entertainment Ltd on Friday set the initial price range for its planned IPO which would value the company at around 1 billion dollars. The preliminary price range of 10.25-11.50 euros per share would give Rovio a market value of between 802 million euros and 896 million euros ($955.34 […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2777,137],"tags":[10958,11145],"yoast_head":"\n