Rovio seen up after takeover bid from Japan's Sega Sammy

Rovio Entertainment Oyj

17/04/2023 07:53

** Shares in Rovio  ROVIO.HE  are expected to rise 15-18%
after Japanese game developer Sega Sammy  6460.T  offered to
acquire the Finnish Angry Birds series maker
    ** Sega Sammy's bid values the Finnish mobile game maker's
stock at 9.25 euros per share, 19% above Friday's closing price 
    ** "Strategically, Rovio would fit in very well with Sega
and the offer price, in our view, would be particularly good for
Rovio shareholders," Inderes analyst Atte Riikola says 


 (Reporting by Boleslaw Lasocki)
 ((boleslaw.lasocki@tr.com))