Angry Birds maker Rovio plans IPO from September - report

News Wireless Global 14 AUG 2017
Angry Birds maker Rovio plans IPO from September - report
Rovio Entertainment is planning an initial public offering as early as September that could value it at about USD 2 billion, according to Bloomberg citing people familiar with the matter. Rovio may raise about USD 400 million from a local market listing, the people said. 

The company did not take a final decision about whether it would hold an IPO or not and it could also choose to stay private for longer, they said. Carnegie Bank, Danske Bank and Deutsche Bank are among banks advising on a potential listing, the people said. Representatives for Rovio, Carnegie, Danske and Deutsche Bank declined to comment.

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