Sega nears deal to acquire Angry Birds maker Rovio for $1 billion - WSJ (updated)
14/04/2023 22:08
(Adds details and background)
April 14 (Reuters) - Japan's Sega Sammy Holdings Inc
6460.T is nearing a deal to acquire Rovio Entertainment
ROVIO.HE , the company behind the 'Angry Birds' mobile game,
for about $1 billion, the Wall Street Journal reported on
Friday.
Tokyo-based Sega could finalize the deal to complete the
acquisition of Rovio by early next week, the report said citing
people familiar with the matter.
Israeli peer Playtika 8II.F PLTK.O had made a
preliminary bid in January to buy Rovio for 683 million euros
($750.96 million), but the Angry Birds maker confirmed last
month talks had ended.
Rovio and Sega did not immediately respond to Reuters'
requests for comment.
($1 = 0.9095 euros)
(Reporting by Rahat Sandhu in Bengaluru; Editing by Krishna
Chandra Eluri)
((Rahat.Sandhu@thomsonreuters.com;))