Brief: Rovio Confirms Receipt Of Non-Binding Indicative Proposal From Playtika

Rovio Entertainment Oyj

20/01/2023 08:49

Jan 20 (Reuters) - Rovio Entertainment Oyj  ROVIO.HE :
    * ROVIO ENTERTAINMENT CORPORATION CONFIRMS RECEIPT OF A
NON-BINDING INDICATIVE PROPOSAL FROM PLAYTIKA HOLDING CORP.
    * ITS NON-BINDING INDICATIVE PROPOSAL TO ACQUIRE ALL ISSUED
AND
OUTSTANDING SHARES OF ROVIO AT A PROPOSED PRICE OF EUR 9.05 PER
SHARE
    * PREMIUM OF APPROXIMATELY 60% TO CLOSING PRICE OF ROVIO
SHARE ON
NASDAQ HELSINKI ON 19 JANUARY 2023
    * AT THIS TIME, ROVIO IS NOT ENGAGED IN ANY NEGOTIATIONS
WITH
PLAYTIKA
    * BOARD OF ROVIO IS EVALUATING INDICATIVE PROPOSAL AND WILL
DETERMINE WHETHER AND HOW TO PROCEED WITH IT

Source text for Eikon:  ID:nGNE13Xf7z 
Further company coverage:  ROVIO.HE 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))