Playtika prices IPO at $27 per share, above indicated range -source

Playtika Holding

15/01/2021 24:58

Jan 14 (Reuters) - Mobile gaming company Playtika Holding
Corp  PLTK.O  on Thursday sold shares in its U.S. initial public
offering above its target range at $27 each, a person familiar
with the matter said. 
    Playtika had set a target price of between $22 and $24
apiece. The Israel-based company, which is owned by a Chinese
investor group, had planned to sell 21.7 million shares with a
further 47.8 million sold by existing investors, making the
total offering worth around $1.88 billion at $27 per share. 
    The IPO, the biggest U.S. listing in 2021 so far, values
Playtika at $11.1 billion. Playtika did not immediately respond
to a request for comment. The source requested anonymity as the
price was not yet public. 

 (Reporting by Joshua Franklin in Miami; Editing by Tom Hogue)
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Messaging: joshua.franklin.thomsonreuters.com@reuters.net))