2023-04-17 05:56:58 ET
- SEGA, a subsidiary of Sega Sammy ( OTCPK:SGAMY ) to acquire Rovio Entertainment Oyj, a mobile game company headquartered in Finland, through SEGA’s wholly-owned UK subsidiary SEGA Europe.
- Through the tender offer, SEGA aims to acquire the entirety of Rovio’s outstanding shares and options at ?9.25 per share and ?1.48 per option, or ?706M.
- Shareholders in Rovio who in aggregate hold shares corresponding to ~ 49.1% shares and votes in Rovio.
- The acquisition is expected to close in Q2 FY2024/3.
For further details see:
SEGA to buy Rovio Entertainment Oyj