Rovio jumps as it begins talks on potential tender offer

Rovio Entertainment Oyj

06/02/2023 08:17

** Shares in Rovio Entertainment  ROVIO.HE  jump 13% after
the Angry Birds maker said it has begun preliminary non-binding
talks with certain parties, including Playtika Holding Corp
 8II.F ,  PLTK.O  regarding a potential tender offer
    ** Israeli gaming firm Playtika on Jan. 19 made a
non-binding indicative proposal to acquire all issued and
outstanding shares of Rovio for EUR 9.05 per share
    ** The Rovio shares saw their best daily increase ever
following the offer, closing 35% up on Jan. 20
 (Reporting by Louise Breusch Rasmussen)
 ((Louisebreusch.rasmussen@tr.com))