Angry Birds maker Rovio plans IPO to fly higher
Finnish company aims to raise 30m euros to help it make acquisitions; it's also planning a movie sequel
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THE maker of hit mobile phone game Angry Birds is planning an initial public offering to raise around 30 million euros (S$48.3 million) and potentially use its shares to make acquisitions.
Finland's Rovio Entertainment Ltd said on Tuesday that existing shareholders, which include the uncle of the company's co-founder as well as venture capital firms Accel Partners and Atomico, would also sell some shares, though it gave no details.
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