Rovio Is Officially in Talks with Playtika and Other Potential Buyers

The proposed price for the studio's issued and outstanding shares is €9.05 per share.

The Angry Birds creator Rovio Entertainment has revealed that it is currently in multiple discussions with various companies, including Playtika, who are planning to purchase the studio.

The company issued a statement announcing its "Strategic Review" and highlighting Playtika, which recently made a public offer to acquire the company, in it. It's also important to note that there appear to be other potential buyers interested in purchasing Rovio.  

According to the announcement, the proposed price for the studio's issued and outstanding shares is €9.05 per share. The statement doesn't confirm a finalized sale, but it shows that Rovio is seriously considering the offer.

The news follows the announcement of the Israeli-based mobile game developer and publisher Playtika which revealed last month that it was intending to acquire Rovio – at the time, the company said it had made an all-cash offer of €9.05 per share to Rovio's board of directors. It also follows Playtika's initial offer of €8.50 per share to the board of directors in November.

You can find Rovio's announcement here. Also, don't forget to join our 80 Level Talent platformour Reddit page, and our Telegram channel, follow us on Instagram and Twitter, where we share breakdowns, the latest news, awesome artworks, and more.

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