Angry Birds Maker Rovio Says IPO Possible in Future Amid Acquisition Rumors
Finnish mobile game and animation studio Rovio, maker of the Angry Birds game, said it could list on the stock exchange in the future, while declining comment on a media report that China's Tencent Holdings was looking to acquire the company.
Technology news site The Information, citing unnamed sources, reported that Tencent was exploring a possible $3 billion bid for Rovio and also said Rovio may consider an IPO.
"We and our shareholders regularly assess different alternatives to further develop Rovio," the company said in an emailed statement on Friday when asked about The Information report.
"A stock exchange listing at some point in the future could be possible in order to support the continued strong growth of Rovio and its strategic targets. However, Rovio and its owners hav...