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Announced

Playtika failed to acquire Rovio for €683m.

Financials

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Transaction Value£602m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Public

Gaming

Friendly

Cross Border

apps

Acquisition

Single Bidder

gaming

Finland

Majority

Failed

Synopsis

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Playtika, a mobile gaming company and monetization platform, failed to acquire Rovio, a games developer, for €683m. “The board of directors of Rovio continues its strategic review, including preliminary non-binding discussions with certain other parties, in order to reach the best possible outcome for Rovio and its shareholders. There can be no assurance that the strategic review and the preliminary non-binding discussions will result in any cash or other tender offer or any other transaction, or the pricing of any such possible transaction,” Rovio.

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