The Business Times

Sega nears deal to acquire Angry Birds maker Rovio for $1 billion: WSJ

    • Tokyo-based Sega could finalise the deal to complete the acquisition of Rovio by early next week, the report said.
    • Tokyo-based Sega could finalise the deal to complete the acquisition of Rovio by early next week, the report said. PHOTO: REUTERS
    Published Sat, Apr 15, 2023 · 10:45 AM

    JAPAN’S Sega Sammy is nearing a deal to acquire Rovio Entertainment , the company behind the ‘Angry Birds’ mobile game, for about US$1 billion, the Wall Street Journal reported on Friday (Apr 14).

    Tokyo-based Sega could finalise the deal to complete the acquisition of Rovio by early next week, the report said citing people familiar with the matter.

    Israeli peer Playtika had made a preliminary bid in January to buy Rovio for 683 million euros (S$1 billion), but the Angry Birds maker confirmed last month talks had ended.

    Rovio and Sega did not immediately respond to Reuters’ requests for comment. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Share with us your feedback on BT's products and services

    Feedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More