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Rovio enters preliminary proposals with potential buyers

The announcement comes a month after Playtika tried to purchase the mobile games company

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Angry Birds maker Rovio has announced that it is in multiple talks with potential buyers.

The firm's issued and outstanding shares will be sold at a suggested price of €9.05 per share.

"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 said.

Among the interested acquirers is Playtika, which tried to purchase the mobile gaming firm last month.

It has expressed interest in Rovio for a while, as it made an initial offer of €8.50 per share to the board of directors in November 2022.

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Jeffrey Rousseau avatar
Jeffrey Rousseau: Jeffrey joined in March 2021. Based in Florida, his work focused on the intersectionality of games and media. He enjoys reading, podcasts, staying informed, and learning how people are tackling issues.
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