Rovio, the Finnish games studio behind “Angry Birds” said on Monday that it had accepted a takeover offer from Sega Sammy, part of the Japanese consoles and games giant Sega. The deal v…
Sammy, part of the Japanese consoles and games giant Sega. The deal values Rovio at EUR706 million .
“The board of directors of Rovio, represented by a quorum comprising all members of the board of directors, has unanimously agreed to recommend that the shareholders and the option holders of Rovio accept the offer,” Rovio said in a statement. “Among the rapidly growing global gaming market, the mobile gaming market has especially high potential, and it has been Sega’s long-term goal to accelerate its expansion in this field.
The offer says that Sega will pay EUR9.25 per Rovio share and EUR1.48 for outstanding Rovio share options. The companies explain that is a 63% premium to the EUR5.67 price at which share trading on the NASDAQ Helsinki stock market was suspended in January when talk of a bid from Israel’s Playtika emerged, and a 19% premium to the shares’ closing price on Friday.
That was rich enough see Rovio’s major institutional shareholders agree to the Sega offer. Documents show that investors holding 49.1% of the equity have signed irrevocable agreements to sell their holdings to Sega.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Angry Birds maker Rovio confirms talks with Sega over tender offerRovio Entertainment , the company behind the mobile game Angry Birds, confirmed on Saturday that it is in talks with Japan's Sega Sammy Holdings Inc over a possible tender offer.
Leer más »
Sega Sammy says it is considering buying Angry Birds maker RovioJapan's Sega Sammy Holdings Inc said on Monday it was considering acquiring Finland's Rovio Entertainment Oyj but that nothing had been decided yet, sending its shares lower amid investor doubts about synergy prospects.
Leer más »
Sega offers $776 million for Angry Birds maker RovioJapan's Sega Sammy Holdings Inc has agreed to launch an offer for Finland's Rovio Entertainment , the maker of the Angry Birds mobile game, for 706 million euros ($775.8 million), the companies said in a joint statement on Monday.
Leer más »
Sega Sammy to buy Angry Birds maker Rovio for $776 millionJapan's Sega Sammy Holdings Inc said on Monday it planned to acquire Finland's Rovio Entertainment Oyj for 706 million euros ($776 million) to spur its growth in the fast-expanding global mobile gaming market.
Leer más »
Sega Targets Angry Birds Maker Rovio For TakeoverThe Japanese firm behind Sonic the Hedgehog said it has offered to buy Angry Birds studio Rovio Entertainment for around $776 million.
Leer más »
Sega expected to acquire Angry Birds maker for $1 billion: ReportInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »